Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. idx technologies is a privately hold developer of

IDX Technologies is a privately hold developer of advanced security systems based in Chicago. As...

80.2K

Verified Solution

Question

Finance

image
IDX Technologies is a privately hold developer of advanced security systems based in Chicago. As part of your business devilopment stratogy, in tate 2008 you initiate discussions with IDX's founder about the possiblity of acquiring the business at the end of 2008 , Estimate the value of IDX per share using a discounted FCF approach and the following data: - Debt: $27 million - Excess cash: $102 million - Shares outstanding: 50 million - Expected FCF in 2009: \$44 million - Expected FCF in 2010: $56 million - Future FCF growth rate beyond 2010: 5\% - Weighted-average cost of capital: 9.4% The enterprise value in 2008 is $ million. (Round to the nearest integer.)

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!
Become a Member

Other questions asked by students

Economics
1.2K views

Perfectly competitive industries are: Group of answer choices A. difficult to enter because there are already so...

Basic Math
1.2K views

Line r has an equation of y-3 = 5(x + 4). Line s includes the...

Calculus
1.2K views

Solve the equation by applying the square root property. If there is more than onesolution,...

Algebra
1.2K views

Kristin wants to buy a pair of jeans that cost $25. She gets a 20%...

Accounting
1.2K views

The following information is available for Falcon Mercantile for the year ended October 31,2023: ...

Accounting
1.2K views

Divisional Income Statements and Return on Investment Analysis The Crunchy Granola Company is a diversified...

Accounting
1.2K views

You are starting up a small CPA firm in your town. Your friend, Bruce, is...

Accounting
1.2K views

14 ! Required information Part 3 of 4 [The following information applies...

Accounting
1.2K views

excel formula please thank you You have just won your...

Accounting
1.2K views

Profit =3x1+2x2+9x1x2 is an example of a nonlinear function. True or False

Accounting
1.2K views

please answer question 6 Problems 3 through 15 refer to...

Finance
1.2K views

Suppose you want to borrow SEK 4,000,000 to buy an apartment Suppose you had to...