h Rate 1.00% Enterprise WACC 8.25% Effective Terminal Multiple 13.79x WACC Terminal Growth Race .00% $24 $26 $28 $30 $32 $27 $29 7.0 BEILaffilil EFTA00300961 Page 51 Justin Hong '17 Justin is a first-year MBA student at Columbia Busi- ness School. Prior to CBS. Justin worked in the High