Wall Inc.forecasts that it will have the free cash flows (in millions) shown below.If the weighted average cost of capital is 14% and the free cash flows are expected to continue growing at the same rate after Year 3 as from Year 2 to Year 3,what is the firm's total corporate value,in millions?
A) $535.20
B) $553.65
C) $572.11
D) $549.04
E) $461.38
Correct Answer:
Verified
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