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
Year 0 value of operations, in millions?
Year |
1 |
2 |
3 |
Free cash flow |
-$20.00 |
$48.00 |
$54.00 |
- $2,650.00
- $2,789.47
- $2,928.95
- $3,075.39
- $3,229.16
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