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  3. ryan enterprises forecasts the free cash flows (in

Ryan Enterprises forecasts the free cash flows (in millions) shown below. Assume the firm has...

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Ryan Enterprises forecasts the free cash flows (in millions) shown below. Assume the firm has zero non-operating assets. The weighted average cost of capital is 13.0%, and the FCFs are expected to continue growing at a 3.0% rate after Year 3. What is the firm's total corporate value in millions)? Do not round intermediate alculations. ms Navigation Menu Year 1 2 3 FCF -$25.0 $10.0 $15.0 O a. $103.18 million O b. $92.78 million O c. $112.66 million O d. $100.06 million O e. $116.59 million 0Icon Key Assume that you are the portfolio manager of the SF Fund, a $6 million hedge fund that contains the following stocks. The required rate of return on the market is 9.00% and the risk-free rate is 2.10%. What rate of return should investors expect (and require) on this fund? Do not round your intermediate calculations. Stock Amount Beta A 1.20 0.50 B $2,130,000 $1,620,000 $1,230,000 $1,020,000 $6,000,000 1.40 D 0.75 O a. 10.88% O b. 6.73% O c. 8.74% O d. 8.83% O e. 6.90% 0-Icon Key

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