You expect ccm corporation to generate the following free cash flows over the next five years: following year five, you estimate that ccm's free cash flows will grow at 5% per year and that ccm's weighted average cost of capital is 13%. ccm has $200 million of debt and 8 million shares of stock outstanding. first estimate the enterprise value of ccm corporation and then estimate the share price for ccm.
year12345fcf ($ millions)2528323740year12345fcf ($ millions)2528323740

What is an example of a good stock to buy in a recession? a) cyclical stock b) defensive stock c) income stock d) bond

Wilson company paid $5,000 for a 4-month insurance premium in advance on november 1, with coverage beginning on that date. the balance in the prepaid insurance account before adjustment at the end of the year is $5,000, and no adjustments had been made previously. the adjusting entry required on december 31 is: (a) debit cash. $5,000: credit prepaid insurance. $5,000. (b) debit prepaid insurance. $2,500: credit insurance expense. $2500. (c) debit prepaid insurance. $1250: credit insurance expense. $1250. (d) debit insurance expense. $1250: credit prepaid insurance. $1250. (e) debit insurance expense. $2500: credit prepaid insurance. $2500.

What is the difference between total utility and marginal utility? a. marginal utility is subject to the law of diminishing marginal utility while total utility is not. b. total utility represents the consumer optimum while marginal utility gives the total utility per dollar spent on the last unit. c. total utility is the total amount of satisfaction derived from consuming a certain amount of a good while marginal utility is the additional satisfaction gained from consuming an additional unit of the good. d. marginal utility represents the consumer optimum while total utility gives the total utility per dollar spent on the last unit.