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You need to estimate the value of Flying Vikings Aviation. You have the following forecaeds (in millions of dollars) of its and of its future
You need to estimate the value of Flying Vikings Aviation. You have the following forecaeds (in millions of dollars) of its and of its future s in new plant and working capita. profits Year 4 Year 1 Year 2 Year 3 $115 EBITDA Depreciation 50 Tax (at 40%) Investment unchanged at year 4 a From year 5 ard, EBITDA, depreciation, and investment are expected to remain its debt has onw levels Flying Vikings is financed 50% by equity and 50% by debt. Its cost of equity is 15%, yield to maturity of 7%, and it pays corporate tax at 40%. Required company's total vaue equity? 1) Estimate the Vikings 2) What is the value of Flying
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