{"id":78637,"date":"2021-12-01T17:00:56","date_gmt":"2021-12-01T17:00:56","guid":{"rendered":"https:\/\/papersspot.com\/blog\/2021\/12\/01\/calculate-the-dollar-amount-to-2-decimal-places-e-g-12-345-12-35\/"},"modified":"2021-12-01T17:00:56","modified_gmt":"2021-12-01T17:00:56","slug":"calculate-the-dollar-amount-to-2-decimal-places-e-g-12-345-12-35","status":"publish","type":"post","link":"https:\/\/papersspot.com\/blog\/2021\/12\/01\/calculate-the-dollar-amount-to-2-decimal-places-e-g-12-345-12-35\/","title":{"rendered":"Calculate the dollar amount to 2 decimal places (e.g., 12.345 = $12.35)."},"content":{"rendered":"<p>Calculate the dollar amount to 2 decimal places (e.g., 12.345 = $12.35).<\/p>\n<p> You have two ways to calculate PV. (1) Mathematically. (2) Use the financial calculator. If you use (1), you have to write the mathematical formula. If you use (2), you have to write the key sequence.<\/p>\n<p> S&amp;S Corporation expects FCF = 100 ($ million) in year 2022, and FCF = + 10 ($ million) in year 2023. Its FCF will grow at 13% every year after 2023.<\/p>\n<p> 2021 2022 2023 <\/p>\n<p> Year 0 Year 1 Year 2 _________________________<\/p>\n<p> Free Cash Flow ($ Million) 100 +10 FCF grows at 13% every year after 2023 <\/p>\n<p> Assume the following.<\/p>\n<p> Corporation\u2019s WACC = 15%.<\/p>\n<p> Corporation has short-term investments = + 24 ($ million).<\/p>\n<p> Corporation has NO short-term debt, but it has long-term debt = + 32 ($ million).<\/p>\n<p> Corporation has NO preferred stock.<\/p>\n<p> Corporation has 8 million common stock shares outstanding.<\/p>\n<p> Calculate the Corporation\u2019s intrinsic stock price.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Calculate the dollar amount to 2 decimal places (e.g., 12.345 = $12.35). You have two ways to calculate PV. (1) Mathematically. (2) Use the financial calculator. If you use (1), you have to write the mathematical formula. If you use (2), you have to write the key sequence. S&amp;S Corporation expects FCF = 100 ($ [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[10],"class_list":["post-78637","post","type-post","status-publish","format-standard","hentry","category-research-paper-writing","tag-writing"],"_links":{"self":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/posts\/78637","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/comments?post=78637"}],"version-history":[{"count":0,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/posts\/78637\/revisions"}],"wp:attachment":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/media?parent=78637"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/categories?post=78637"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/tags?post=78637"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}