A company forecasts the free cash flows (in millions) shown below.The weighted average cost of capital is 13%,and the FCFs are expected to continue growing at a 5% rate after Year 3.Assuming that the ROIC is expected to remain constant in Year 3 and beyond,what is the Year 0 value of operations,in millions? $\begin{array}{llll}
\text { Year: } & 1 & 2 & 3 \
\text { Free cash flow: } & -\$ 15 & \$ 10 & \$ 40
\end{array}$

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The Answer of A company forecasts the free cash flows (in millions) shown below.The weighted average cost of capital is 13%,and the FCFs are expected to continue growing at a 5% rate after Year 3.Assuming that the ROIC is expected to remain constant in Year 3 and beyond,what is the Year 0 value of operations,in millions? $\begin{array}{llll}
\text { Year: } & 1 & 2 & 3 \
\text { Free cash flow: } & -\$ 15 & \$ 10 & \$ 40
\end{array}$

A Company Forecasts the Free Cash Flows (In Millions) Shown Year: 123 Free cash flow: −$15$10$40\begin{array}{llll}\text { Year: } & 1 & 2 & 3 \\\text { Free cash flow: } & -\$ 15 & \$ 10 & \$ 40\end{array} Year: Free cash flow: ​1−$15​2$10​3$40​

A Company Forecasts the Free Cash Flows (In Millions) Shown $\begin{array}{llll}\text { Year: } & 1 & 2 & 3 \\\text { Free cash flow: } & -\$ 15 & \$ 10 & \$ 40\end{array}$