Restex has a debt-equity ratio of 0.85, an equity cost of capital of 12 %, and a debt cost of capital of 7 %. Restex's corporate tax rate is 40 %, and its market capitalization is $ 220 million. a. If Restex's free cash flow is expected to be $ 10 million one year from now and will grow at a constant rate, what expected future growth rate is consistent with Restex's current market value? b. Estimate the value of Restex's interest tax shield.

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.

lives by a moral and ethical code

u = 30

continuing your method

= +

subtract from both sides

= - thus

= -

= ⇒ u = 30