croylance78051 croylance78051
  • 13-08-2024
  • Business
Answered

Using the discounted cash flow valuation formula, Rocky's Restaurant Group is valued at $42.13 per share. The firm's CFO expects the firm to grow 4% per year until the horizon date 12 years hence. Rocky's CFO recalculates growth at 5% per year. How will this change in growth affect the firm's valuation?



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