1. EditCo has recently reported a value of operations of $720 million and a Free Cash Flow of $30.12 million. This FCF is expected to grow at a constant growth rate g. Assume that EditCos weighted average cost of capital is 12%, and that it has 10 million shares outstanding. Determine the growth rate g. *

5 points

a. 7.50%

b. 16.89%

c. 8.16%

d. 15.53%

e. None of the above