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What is the present value of the combined cash flows, assuming the performance targets are met?
There are 3 types of cash flows. To get the present value of all cash flows, we need to calculate the present value of each type:
- Getting $60,000 now:
PV = $60,000
- Getting $30,000 for the next 9 years:
This is an ordinary annuity, so we need to use the annuity formula:
PV = C/r (1 - 1/(1+r)N) = $30,000/0.07 (1 - 1/1.079) = $195,457
- Getting $100,000 in 10 years:
PV = $100,000 / 1.0710 = $50,835
The present value of all cash flows is thus $60,000 + $195,457 + $50,835 = $306,292.
- Accrual versus cash accounting
- Accrued interest
- After-tax salvage value and cost of replacement
- APR and EAR
- APR and EAR
- APR and EAR (complex)
- APR and EAR for an annuity (complex)
- Arithmetic and geometric average return and Sharpe ratio
- Balance sheet
- Binomial call option valuation
- Binomial put option valuation
- Black-Scholes call option valuation
- Black-Scholes put option valuation
- Bond valuation with different required returns
- Bond valuation with different times to maturity
- Bond valuation with semi-annual coupons
- 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0
What is the annual depreciation (in $ million)?
What is EBIT in each year of operation (in $ million)?
What is the operating cash flow (OCF) in each year of operation (in $ million)?
What is the change in net working capital at the end of year 2 (in $ million, as a positive number)?
What is the after-tax salvage value (ATSV) of the factory in year 21 (in $ million)?
What is the CFFA at the end of year 1 (in $ million)?
What is the free cash flow for 2020 (in $ million)?
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