Value the following scenario, assuming there is no end to the timeline and the following data: Cost of equity = 15.8% Co
Posted: Tue Jan 18, 2022 12:58 pm
Value the following scenario, assuming there is no end to the timeline and the following data: Cost of equity = 15.8% Cost of debt = 7.95% Debt = $579MM Equity = $1,241MM Tax rate = 40% Long-term growth expectations = 3.5% Future Equity Cash Flows (FCFE) are forecast as follows: Year 0: n/a Year 1: 124 Year 2: 151 Year 3: 166 Year 4: 178 Year 5: 184 (Round your answer to the nearest cent)