What is the terminal value at book value?
What is the PV of cash flows at hurdle rate of 15%?
|
Year 0
|
Year 1
|
Year 2
|
Year 3
|
Year 4
|
Year 5
|
Year 6
|
|
2003
|
2004
|
2005
|
2006
|
2007
|
2008
|
2009
|
Subtotal
|
-177,920
|
-747,182
|
-311,336
|
2,011,179
|
2,980,395
|
3,558,410
|
4,639,662
|
Plus NWC Savings (Add ?NWC)
|
|
0
|
9,953
|
155,731
|
19,244
|
27,739
|
46,787
|
Subtotal, Cash Flow
|
-177,920
|
-747,182
|
-301,384
|
2,166,910
|
2,999,639
|
3,586,149
|
4,686,449
|
Terminal Value, At Book Value
|
|
|
|
|
|
|
?
|
PV Cash Flows @Hurdle Rate @15%
|
?
|
?
|
?
|
?
|
?
|
?
|
?
|