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ZZZ Company is a fast growing supplier of office products. Analysts project the following free cash flows ( FCFs ) during the next 3 years,
ZZZ Company is a fast growing supplier of office products. Analysts project the following free cash flows FCFs during the next years, after which FCF is expected to grow at a constant rate. ZZZ Companys weighted average cost of capital is
a Year $ million
b Year $ million
c Year $ million
i What is ZZZs horizon value?
ii What is the current value of operations?
iii. Suppose ZZZ company has $ million in marketable securities $ million in debt, and million shares of stock. What is the intrinsic price per share?
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