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Valuation Example DaDalt, Incorporated currently has EBIT of $135 million. It is expected to grow at 15% for 2 years and then settle down to 5% thereafter (forever). DaDalt analysts have shown that they spend 5% of after-tax EBIT on net working capital and another 1 1% on net capital expenditures. If Dada Its WACC is 7%, what is the per share price of Dadalt today? The firms debt has a market value of $750 million, and the firm has 34 million shares outstanding. Tax rate is 40%.

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