Save lan Score: 0 of 1 pt 2 of 27 (0 complete HW Score: 0%,...
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Save lan Score: 0 of 1 pt 2 of 27 (0 complete HW Score: 0%, 0 of 27 pts P 10-2 (similar to) Question Help Victoria Enterprises expects earnings before interest and taxes (EBIT) next year of $1.2 million. Its depreciation and capital expenditures will both be $285,000, and it expects its capital expenditures to always equal is depreciation. Its working captal will increase by $46,000 over the next year. Its tax rate is 25%. If its WACC is 11% and its FCFs are expected to increase at 3% per year in perpetuity, what is its enterprise value? The company's enterprise value is $(Round to the nearest dollar)
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