Value of Equity Assignment

A firm’s total annual dividend payout is $1 million. Its stock price is $45 per share and it has 17,500,000 shares outstanding. The firm earned $4 million in Net Income last year. This year, the firm expects earnings to grow at 7%, with growth the year after that expected to be 5%, and then in all following years, the firm expects earnings to grow at 3%. The firm plans to hold their dividend payout ratio constant over the coming 20 years and beyond. The risk-free rate is 3%, beta for the entire firm is 1.3, and the equity risk premium is 7.75%. What is the value of equity for the entire firm using the FREE CASH FLOW model, using Net Income as free cash flow? Get Finance homework help today

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with Australia Assessments
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
Testimonials
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Other
Excellent work.
Customer 459155, June 7th, 2022
History
Good work.
Customer 463049, June 5th, 2022
Other
Good job
Customer 456821, December 26th, 2022
Education
Good response.
Customer 454463, May 5th, 2022
ASCI 491: Operational Application in Aeronautics
Good focus.
Customer 457731, April 3rd, 2022
Fitness
Well-researched content.
Customer 463473, October 25th, 2022
Nursing
yes
Customer 452577, January 27th, 2020
Other
Good work.
Customer 463001, May 27th, 2022
Retail
This submission was excellently done. Looking foward to your future contribution.
Customer 463463, December 12th, 2022
Retail
Thank you for your work. We had to fix some grammatical errors. In the future, please remember to proofread content before submitting. We look forward to future contributions.
Customer 463469, October 21st, 2022
Professions and Applied Sciences
GOOD application.
Customer 462457, April 13th, 2022
Law
Commendable.
Customer 456823, April 29th, 2022
11,595
Customer reviews in total
96%
Current satisfaction rate
3 pages
Average paper length
37%
Customers referred by a friend
OUR GIFT TO YOU
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat