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10. More on the corporate valuation model Praxis Corp. is expected to generate a free cash flow (FCF) of $1,770.00 million this year (FCF, =$1,770.00

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10. More on the corporate valuation model Praxis Corp. is expected to generate a free cash flow (FCF) of $1,770.00 million this year (FCF, =$1,770.00 million), and the is expected to at a rate of 25.00% over the following two years (FCF2 and FCF3). After the third year, however, the FCF is expected to grow at a constant rate of is 11.70%, what is the current total firm value of Praxis Corp.? (Note: Round all intermediate calculations to two decimal $38,131.03 million $5,342.30 million $31,775.86 milion $42,181.92 million Praxis Corp.'s debt has a market value of $23,832 million, and Praxis Corp. has no preferred stock. If Praxis Corp. has 225 million shares decimal places.) $105.92 $38.84 $34.31 $35.31

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