A company forecasts its free cash flows (in millions) as shown below. If the companys...
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Finance
A company forecasts its free cash flows (in millions) as shown below. If the companys weighted average cost of capital is 10% and the free cash flows are expected to grow at a rate of 3% after Year 2, what is the companys total corporate value, in millions?
Year
1
2
Free cash flow
-$50
$100
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