Orange company has net cash flows of 10Million in its last vear financial statement. Supposed Orange Company is proiected to achieve a 5% annual growth rate for 5 years. The estimated terminal value is Php75 Million. The required return is 9%. It was noted further that there is an outstanding loan of Php50 Million and additional required investment for capex of P10Million. If you are going 20 to purchase 50% of Orange, how much would you be willing to pav?
