Wall Inc. forecasts that it will have the free cash flows (in millions) shown below. If the weighted average cost of capital is 14% and the free cash flows are expected to continue growing at the same rate after Year 3 as from Year 2 to Year 3, what is the firm's total corporate value, in millions?
A) $2,650.00
B) $2,789.47
C) $2,928.95
D) $3,075.39
E) $3,229.16
Correct Answer:
Verified
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