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Using the data for Tessier - Ashpool Corp ( TAC ) in the back, calculate TAC s Intrinsic value per share assuming a The firm

Using the data for Tessier-Ashpool Corp (TAC) in the back, calculate TACs Intrinsic value per share assuming a The firm is a mature firm in the consumer staples sector constant growth in FCFE and a marginal tax rate of 25%. Sales for t Depreciation for the year was $600MMhe most recent year were $4Billion The firm has a Net Profit Margin of 10%. Capital Expenditures were $6600MM Investment in Net Working Capital was $120MM The firm finances all investments 60% with debt and 40% with equity. The firm pays out 80% of earnings as dividends The ROE for the firm was 12% The Yield on Treasuries is 3% TACs beta is 2.5 The market risk premium is 4% TAC had 40 Million shares outstanding

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