You are valuing the MECH.I using EVA model. The WACC for the firm is 15%. The current (year 0) NOPAT is $80,000 and the invested capital is $700,000. The firm is currently reinvesting 30% of its NOPAT. The high growth stage is expected to last one year (year 1). Starting in year 2, the firm will enter a steady state.In the high growth stage(year 1), NOPAT grows by 20% and the firm reinvests 30%. Starting in year 2, the firm enters the steady state, NOPAT grows by 3% per year and the firm reinvests 20%. What is the total enterprise value using the discounted EVA model? 求具体的解法,不胜感激。 |