Ryan Enterprises forecasts the free cash flows (in millions)shown below.Assume the firm has zero non-operating assets.The weighted average cost of capital is 13.0%,and the FCFs are expected to continue growing at a 5.0% rate after Year 3.What is the firm's total corporate value (in millions)? Do not round intermediate calculations. $$\begin{array} { l r r r }
\text { Year } & 1 & 2 & 3 \
\hline \text { FCF } & - \$ 15.0 & \$ 10.0 & \$ 25.0
\end{array}$$
?

Question

Ryan Enterprises forecasts the free cash flows (in millions)shown below.Assume the firm has zero non-operating assets.The weighted average cost of capital is 13.0%,and the FCFs are expected to continue growing at a 5.0% rate after Year 3.What is the firm's total corporate value (in millions)? Do not round intermediate calculations. $$\begin{array} { l r r r } 
\text { Year } & 1 & 2 & 3 \
\hline \text { FCF } & - \$ 15.0 & \$ 10.0 & \$ 25.0
\end{array}$$
?

Quizplus · Accepted Answer

The Answer of Ryan Enterprises forecasts the free cash flows (in millions)shown below.Assume the firm has zero non-operating assets.The weighted average cost of capital is 13.0%,and the FCFs are expected to continue growing at a 5.0% rate after Year 3.What is the firm's total corporate value (in millions)? Do not round intermediate calculations. $$\begin{array} { l r r r } 
\text { Year } & 1 & 2 & 3 \
\hline \text { FCF } & - \$ 15.0 & \$ 10.0 & \$ 25.0
\end{array}$$
?

Ryan Enterprises Forecasts the Free Cash Flows (In Millions)shown Below Year 123 FCF −$15.0$10.0$25.0\begin{array} { l r r r } \text { Year } & 1 & 2 & 3 \\\hline \text { FCF } & - \$ 15.0 & \$ 10.0 & \$ 25.0\end{array} Year FCF ​1−$15.0​2$10.0​3$25.0​​

Ryan Enterprises Forecasts the Free Cash Flows (In Millions)shown Below $\begin{array} { l r r r } \text { Year } & 1 & 2 & 3 \\\hline \text { FCF } & - \$ 15.0 & \$ 10.0 & \$ 25.0\end{array}$