Using the FCFF approach to value a business

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You are using the FCFF approach to value a business. You have estimated that the FCFF for next year will be $140.00 million and that it will increase at a rate of 6 percent for each of the following four years. After that point, the FCFF will increase at a rate of 4 percent forever. If the WACC for this firm is 14 percent and it has no NOA, what is it worth?

Reference no: EM131025846

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