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question 68

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Use the table for the question(s) below.
Use the table for the question(s) below.    -General Industries is expected to generate the above free cash flows over the next five years,after which free cash flows are expected to grow at a rate of 3% per year.If the weighted average cost of capital is 8% and General Industries has cash of $10 million,debt of $40 million,and 80 million shares outstanding,what is General Industries' expected terminal enterprise value? A) $558.2 million B) $109.5 million C) $442.8 million D) $513.6 million E) $659.2 million
-General Industries is expected to generate the above free cash flows over the next five years,after which free cash flows are expected to grow at a rate of 3% per year.If the weighted average cost of capital is 8% and General Industries has cash of $10 million,debt of $40 million,and 80 million shares outstanding,what is General Industries' expected terminal enterprise value?


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Articles of Confederation

The original constitution of the United States, ratified in 1781, which was replaced by the U.S. Constitution in 1789 due to its inadequacies.

Magna Carta

A document signed in 1215 that established the principle that everyone is subject to the law, even the king, and guaranteed the rights of individuals.

Thomas Jefferson

The third President of the United States (1801–1809), a Founding Father, and the principal author of the Declaration of Independence.

First Amendment

The amendment to the United States Constitution that guarantees freedoms concerning religion, expression, assembly, and the right to petition.

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