$100 million of free cash flow to be received at the end of the first year of a company's projection period the given a WACC of 10% would be worth what amount today?
A) $91 million
B) $95 million
C) $100 million
D) $110 million
Answer: A
$100 million of free cash flow to be received at the end of the first year of a company's projection period the given a WACC of 10% would be worth what amount today?
A) $91 million
B) $95 million
C) $100 million
D) $110 million
Answer: A