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Bronson Building Products Inc

Question 39

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Bronson Building Products Inc.estimates that FCFF in the coming year will be $1,600,000,year two will be 15% greater than year one,and year three will be 10% greater than year two.Bronson has a cost of capital of 12%.Estimate the firm's terminal value FCFF as of year three if cash flows are estimated to continue to increase at a rate of 5% indefinitely.What is the overall estimated (present)value of the firm?

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FCFF1 = $1,600,000 PV FCFF1 = $1,428,571...

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