Suppose you were trying to value box prior to its ipo using the free cash flow model. you estimate that box has $34,000,000 of debt, no preferred stock, no short-term investments, and will not produce positve free cash flows until 5 years from now. you further estimate that box has a weighted average cost of capital of 15% and will settle down to a constant growth rate of 5%. what is the minimum fcf that box would need to generate in year 5 to be valued as a $1 billion dollar company at its ipo today. for simplicity, assume that fcf in periods 1 through 4 are zero. answer in millions of dollars (e. g., if the answer is one billion dollars enter 1,000 not 1,000,000,000).

Companies hd and ld are both profitable, and they have the same total assets (ta), total invested capital, sales (s), return on assets (roa), and profit margin (pm). both firms finance using only debt and common equity. however, company hd has the higher total debt to total capital ratio. which of the following statements is correct? a) company hd has a higher assets turnover than company ld. b) company hd has a higher return on equity than company ld. c) none of the other statements are correct because the information provided on the question is not enough. d) company hd has lower total assets turnover than company ld. e) company hd has a lower operating income (ebit) than company ld

If the guide wprds on the page are "crochet " and "crossbones", which words would not be on the page. criticize, crocodile,croquet,crouch,crocus.

It is estimated that over 100,000 students will apply to the top 30 m.b.a. programs in the united states this year. a. using the concept of net present value and opportunity cost, when is it rational for an individual to pursue an m.b.a. degree. b. what would you expect to happen to the number of applicants if the starting salaries of managers with m.b.a. degrees remained constant but salaries of managers without such degrees decreased by 20 percent