World246_RL_04
Investment Banking Scenario / Sensitivity AnalysisUpdate the DCF model with the following changes
- tax rate for the entire projection period (2025E-2029E) and the WACC build is now the implied tax rate from the second quarter of 2023, calculated as income tax expense over revenue, plus 10%
- update beta to 1
- assume revenue growth rate in the projection period matches that of 2024A plus 75 basis points.
- update terminal growth rate to be equal to the updated monthly revenue growth rate plus 50 basis points
- assume final gross debt is increased by 50% and cash balance is now 10% of the absolute increased gross debt number
What is equity value in millions rounded to the nearest whole number? Print your answer back to me as a short message.
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