Question
You are about to mount a takeover bid for a public company. It is projected to generate FCFF to the firm of $123 million at
You are about to mount a takeover bid for a public company. It is projected to generate FCFF to the firm of $123 million at the end of year 1, $58 million at the end of year 2, and $127 million at the end of year 3, after which FCFF is expected to grow at 3% per year forever after. What is the value of the firm if the appropriate discount rate is 11% per year?
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Entrepreneurial Finance Strategy, Valuation, And Deal Structure
Authors: Janet Smith, Richard Smith, Richard Bliss
1st Edition
0804770913, 9780804770910
