100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
Discounted Cash Flow Model Exam Wall Street Prep CA$26.29
Add to cart
Quickly navigate to
Preview
  2.  
  3. Wall Street Prep
  4.  
  5. Wall Street Prep

Exam (elaborations)

Discounted Cash Flow Model Exam Wall Street Prep

16 reviews
 84 purchases
  • Course
  • Wall Street Prep
  • Institution
  • Wall Street Prep

DCF or discounted cash flow model exam answers from Wall street prep. Please note that the order of the questions are mixed for everyone but the questions and answers are the same!

Preview 1 out of 8  pages

Document information

  • August 16, 2023
  • 8
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

Subjects

  • wall street
  • prep
  • dcf
  • discounted cash flow
  • model
  • answers
  • exam

Written for

  • Wall Street Prep
  • Wall Street Prep

16  reviews

review-writer-avatar

By: k251734 • 2 weeks ago

review-writer-avatar

By: isaiahkozub1 • 3 months ago

review-writer-avatar

By: jermainebroussard04 • 4 months ago

review-writer-avatar

By: stewartethan736 • 6 months ago

review-writer-avatar

By: na2003 • 6 months ago

review-writer-avatar

By: raficharbieh • 5 months ago

review-writer-avatar

By: ikennaobi • 9 months ago

Show more reviews  

Seller

avatar-seller
melindaselinas

Reviews received

Content preview

8/15/23, 7:03 PM Completed Exam | Wall Street Prep

 Back to Course |  Exit to Learning Dashboard


Review: DCF Modeling Exam
Question 1
The next two questions use the data below. The data will be repeated on the next question:
You have been tasked with building a stand-alone DCF valuation for Milner Beverages, a publicly traded company, using the
unlevered two-stage approach. You calculate the following:
$ in millions 2017 2018 2019 2020 2021 2022 2023
Unlevered free cash flow 110.0 120.0 150.0 170.0 200.0 250.0 280.0

In addition, you calculate the following:
WACC = 8.00%
Perpetuity growth rate (annual growth rate of unlevered free cash flows after 2023) = 3.00%
Calculate enterprise value at the beginning of 2017 assuming all cash flows occur at year-end. Use whole numbers (i.e. 1 year
exactly equals 1 period when calculating returns and discounting).
$4,173.30
$4,271.40
$4,540.60
$6,505.80
$6,673.80

Question 2
This question uses the same data as the previous question, shown below.
You have been tasked with building a stand-alone DCF valuation for Milner Beverages, a publicly traded company, using the
unlevered two-stage approach. You calculate the following:
$ in millions 2017 2018 2019 2020 2021 2022 2023
Unlevered free cash flow 110.0 120.0 150.0 170.0 200.0 250.0 280.0

In addition, you calculate the following:
WACC = 8.00%
Perpetuity growth rate (annual growth rate of unlevered free cash flows after 2023) = 3.00%
Using the mid-year convention, calculate the enterprise value as of December 31, 2016. Assume all cash flows, including
perpetuity cash flows, occur midyear.
$4,110.10
$4,306.90
$4,438.90
$6,709.30
$6,717.90

https://www.wallstreetprep.com/completed-exam/?wsp_selection=76876&course_id=35079 1/8

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller melindaselinas. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for CA$26.29. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

68175 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 15 years now

Start selling
CA$26.29  84x  sold
  • (16)
Add to cart
Added