Question
Your firm can generate 300 in ebit per year forever. You are twice as risky as the average firm. The market is expected to earn
Your firm can generate 300 in ebit per year forever. You are twice as risky as the average firm. The market is expected to earn 12% and the risk free rate is 2%. Find the value of the firm and the wacc if there are no taxes and you use no debt.
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Basic Finance An Introduction To Financial Institutions, Investments, And Management
Authors: Herbert B. Mayo
12th Edition
1337691011, 978-1337691017
