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1)(2 pts) Suppose a company's most recent free cash flow (i.e., yesterday's free cash flow) was $80 million and is expected to grow at a
1)(2 pts) Suppose a company's most recent free cash flow (i.e., yesterday's free cash flow) was $80 million and is expected to grow at a constant rate of 5 percent.If the company's weighted average cost of capital is 15 percent, what is the current value of operations?(Equation 13-2)
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