Question
You are given the following information for a firm: EBIT x (1-T) this period: $19.3 Million Depreciation: $2.8 Million Net Working Capital Increases: $0 Asset
You are given the following information for a firm:
EBIT x (1-T) this period: $19.3 Million
Depreciation: $2.8 Million
Net Working Capital Increases: $0
Asset Beta: 1.1
Capital expenditures: $4.9 Million
Growth rate of FCF: 4.0%
Risk Free Rate: 3%
Market Risk Premium: 6.1%
Using all the above data, what is the present value of all FCF?
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Financial Management
Authors: I.M. Pandey
12th Edition
939057725X, 978-9390577255
