The projected terminal value at the end of year 3 is
Scenario: A firm has projected free cash flows of $575,000 for Year 1, $625,000 for Year 2, and 750,000 for Year 3. The projected terminal value at the end of Year 3 is $8,000,000. The firm's Weighted Average cost of Capital (WACC) is 12.5%.
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question a tunnel cost 280m every 10 years it is repaved at a cost of 12m halfway between the repavings it is
scenario a firm has projected free cash flows of 575000 for year 1 625000 for year 2 and 750000 for year 3 the
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