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You have been tasked with using the FCF model to value Amara's Jewelry Company. After your initial review, you find that Amara's has a reported
You have been tasked with using the FCF model to value Amara's Jewelry Company. After your initial review, you find that Amara's has a reported equity beta of a debttoequity ratio of and a tax rate of percent. In addition, market conditions suggest a riskfree rate of percent and a market risk premium of percent. If Amara's had FCF last year of $ million and has current debt outstanding of $ million, find the value of Amara's equity assuming a percent growth rate in FCF
Note: Do not round intermediate calculations. Enter your answer in millions rounded to decimal places.
tableValue of the equity,$
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