Consider a growing firm that produces cash of $10 million next year. The firm's cash flow growth rate is 15% per annum. The firm's cost of capital is 20%. A) What is the market value of this firm? B) What is the firm's P/E ratio if it has no debt?

Financial Management: Theory & Practice
16th Edition
ISBN:9781337909730
Author:Brigham
Publisher:Brigham
Chapter7: Corporate Valuation And Stock Valuation
Section: Chapter Questions
Problem 1P: Ogier Incorporated currently has $800 million in sales, which are projected to grow by 10% in Year 1...
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Provide answer the following requirements on these general accounting question

Consider a growing firm that produces cash of $10 million
next year. The firm's cash flow growth rate is 15% per annum.
The firm's cost of capital is 20%.
A) What is the market value of this firm?
B) What is the firm's P/E ratio if it has no debt?
Transcribed Image Text:Consider a growing firm that produces cash of $10 million next year. The firm's cash flow growth rate is 15% per annum. The firm's cost of capital is 20%. A) What is the market value of this firm? B) What is the firm's P/E ratio if it has no debt?
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