FCFE of XCA Inc. on 31 December 2022 is realized as 24.150 TL. After this...
60.1K
Verified Solution
Link Copied!
Question
Finance
FCFE of XCA Inc. on 31 December 2022 is realized as 24.150 TL. After this date, the growth in FCFE is predicted to be 8% forever and the cost of equity is stated to be 22%. As of December 31, 2022, the company has Marketable Securities of TL 1,600 and a cash balance of TL 1,000 in its balance sheet. If XCA Inc. has 10,000 shares, what should be the price of one share of XCA Inc. on 31 December 2022?
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
