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Unformatted text preview: 2,120,000.00 3 Value of Operations=Present value of the expected free cash flows Year FCF(yr 5) = $50 mn growth rate = 6% WACC=12% Horizon value at year 5= CF(Yr6)/(WACC-G) 883.33 4 Value of the corporation = value of operations + value of non-operating assets +marketable securities Value of the corporation = 800.00 Value of Equity= Value of Corp - Long term debt-Note payable Value of Equity= 500.00...
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This note was uploaded on 03/15/2012 for the course ACC 250 250 taught by Professor Connie during the Spring '11 term at University of Phoenix.
- Spring '11