After the 10th year, ttc's financial planners anticipate that its free cash flow will grow at a constant rate of 5%. also, the firm concluded that the new product caused the wacc to fall to 7%. the market value of ttc's debt is $1,100 million, it uses no preferred stock, it has zero nonoperating assets; and there are 25 million of common stock outstanding. use the corporate valuation model to value the stock. round your answer to the nearest cent.



Answer :

Other Questions