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year 1 FCF 1 0 2. 0 3 0 4 4.2 5 4.6 6 5.0 7 10.9 8 and so on The horizon for this
year 1 FCF
1 0
2. 0
3 0
4 4.2
5 4.6
6 5.0
7 10.9
8 and so on
The horizon for this firm is year 6, and long tern growth after year 6 is estimated to be 6%. The firm's cost of capital is 10%. Compute the intrinsic value
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