Akyol Corporation is undergoing a restructuring,and its free cash flows are expected to be unstable during the next few years.However,FCF is expected to be $50 million in Year 5,i.e.,FCF at t = 5 equals $50 million,and the FCF growth rate is expected to be constant at 6% beyond that point.If the weighted average cost of capital is 12%,what is the horizon value (in millions) at t = 5?

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The Answer of Akyol Corporation is undergoing a restructuring,and its free cash flows are expected to be unstable during the next few years.However,FCF is expected to be $50 million in Year 5,i.e.,FCF at t = 5 equals $50 million,and the FCF growth rate is expected to be constant at 6% beyond that point.If the weighted average cost of capital is 12%,what is the horizon value (in millions) at t = 5?

Akyol Corporation Is Undergoing a Restructuring,and Its Free Cash Flows