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Vandells free cash flow (FCF?) is $2 million per year and is expected to grow at a constant rate of 5% a year; its beta
Vandells free cash flow (FCF?) is $2 million per year and is expected to grow at a constant rate of 5% a year; its beta is 1.4. What is the value of Vandells operations? If Vandell has $10.82 million in debt, what is the current cash value of Vandells stock? (Use the corporate valuation model) Answer: P?=$25.26 How did they arrive at this
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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
10th edition
133052311, 978-0133052312
