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what's the firm's equity value? (use the information in balance sheet) step by step solution plz You have forecast the following Free Cash Flow stream
what's the firm's equity value? (use the information in balance sheet)
You have forecast the following Free Cash Flow stream for company VLNK Ltd (all amounts in m). Year 1 2 3 FCF 69 72 73 Years 1 to 3 is the Explicit Forecast Period Additionally, you have determined the following The WACC is 9% .NOPAT in Year 3 is 85m RONIC IS 15% Long-term growth rate is 2% The latest available balance sheet is the following: Balance Sheet (Em) 2020 Assets 50 Cash (Operating) Cash (Excess) Accounts Receivable 100 95 Inventory 220 Current Assets 465 Property, Plant and Equipment 280 Equity investments 180 Total Assets 925 130 Liabilities and Equity Accounts Payable Short-Term Debt Accrued Expenses 50 80 Current Liabilities 260 Long-Term Debt 250 Equity 415 Total Liabilities and Equity 925 step by step solution plz
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