Assuming the following facts, what is the value of XYZ Corporation to JKL Enterprises? XYZ's post-merger cash flows in Years 1-3 are estimated to be $7 million, $10 million, and $12 million, respectively. In addition, its continuing value in Year 3 is $318 million. The firm's cost of equity is 10%, and its growth rate is 6%. ($262.56 million)
Already registered? Login
Not Account? Sign up
Enter your email address to reset your password
Back to Login? Click here