Suppose Boyson Corporation's Projected Free Cash Flow for Next Year

Suppose Boyson Corporation's projected free cash flow for next year is FCF₁ = $100,000,and FCF is expected to grow at a constant rate of 6.5%.Assume the firm has zero non-operating assets.If the company's weighted average cost of capital is 11.5%,then what is the firm's total corporate value?

A) $1,560,000
B) $1,900,000
C) $2,000,000
D) $1,980,000
E) $1,920,000