Firm a had net income of 30 milion last year deprecitation


Firm A had net income of $30 milion last year. Deprecitation expense for year was $4million. Firm A spent $5 million last year in capital expenditures. If discount rate is 12% and firm A free cash flow is expected to grow 3% per year, calculate

1. current years free cash flow

2. fair value of firm A equity today

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Financial Management: Firm a had net income of 30 milion last year deprecitation
Reference No:- TGS01412933

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