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Given the following information, please estimate the FCFE in year 2030. FCFE (2020) $10,000 Current growth...

Given the following information, please estimate the FCFE in year 2030.

FCFE (2020)

$10,000

Current growth (2020):

20%

Target growth in 10 years (2030)

3%

Assume the growth rate will decrease in a straight line.

Hints: If we assume the growth rate will decrease in a straight line, the growth rate will decrease by (20%-3%)/10 for each year.

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