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Use the following free cash flows estimates for Lewis Corp (from 2019): After 2022, you estimate that free cash flows will grow at a constant
Use the following free cash flows estimates for Lewis Corp (from 2019): After 2022, you estimate that free cash flows will grow at a constant rate of 4% per year, forever. For example, you expect free cash flows in 2023 to be: FCF2023=4,380(1+4%)=4,555. Assume the discount rate for Lewis Corp is 10%. What would have been Lewis Corp's intrinsic firm value in 2019 ? 22,891 (USD Millions) 43,519 (usD Milions) 53,918 (USD Millions) 69.266 (USD Millions)
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