Firm Valuation Johnson & Johnson (JNJ)
Forecast using discounted cash flow techniques to value the firm
1. Free cash flows generated by the company over a five-year period.
2. Calculate the terminal value at year 5, for the terminal value calculation just use 10% as your temporary WACC since we have not yet calculated our company's WACC yet.
Submit a Cash flow forecast and terminal value calculation as an Excel spreadsheet.
Reference Text -
Brigham, E. F., &Ehrhardt, M. C. (2010). Financial management: Theory & practice. 13th edition. Cengage Learning. (ISBN: 978-1439078099)
Textbook Chapter 13 - Corporate Valuation (pp. 511-521)
Attachment:- Assignment.rar