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Ryan Enterprises Forecasts the Free Cash Flows (In Millions) Shown  Year 123 FCF $15.0$10.0$40.0\begin{array} { r r r r } \text { Year } & 1 & 2 & 3 \\\hline \text { FCF } & - \$ 15.0 & \$ 10.0 & \$ 40.0\end{array}

Question 69

Multiple Choice

Ryan Enterprises forecasts the free cash flows (in millions) shown below. 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?  Year 123 FCF $15.0$10.0$40.0\begin{array} { r r r r } \text { Year } & 1 & 2 & 3 \\\hline \text { FCF } & - \$ 15.0 & \$ 10.0 & \$ 40.0\end{array}


A) $314.51
B) $331.06
C) $348.48
D) $366.82
E) $386.13

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