Question
Year FCF 2021 8,400,000 2022 9,330,000 2023 8,600,000 2024 9,300,000 2025 10,000,000 2026 11,700,000 Use free cash flow model to find the fair share price
| Year | FCF |
| 2021 | 8,400,000 |
| 2022 | 9,330,000 |
| 2023 | 8,600,000 |
| 2024 | 9,300,000 |
| 2025 | 10,000,000 |
| 2026 | 11,700,000 |
Use free cash flow model to find the fair share price to FinTechPro Corp. The following table shows the FCF for FinTechPro from year 2021 to 2026.
Growth rate of FCF beyond 2026 to infinity, g FCF = 4%. The weighted average cost of capital, ra 16%. Market value of all debt Vd=13,000,000. Market value of preferred stocks, Vp 55,000,000. Number of shares of common stock outstanding is 1,500,000
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Understanding Terrorist Finance
Authors: T. Wittig
2011th Edition
0230291848, 978-0230291843
