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19.Good Guys Auto is expected to generate the following free cash flow over the next few years: Time 012345 ($millions)$0$50 $60 $80 $70 $70.... and

19.Good Guys Auto is expected to generate the following free cash flow over the next few years:

Time012345

($millions)$0$50 $60 $80 $70 $70....

and then from years 5 onward the cash flows will be a constant $70 million each year. The discount rate is 10%.The company has no excess cash and $250 million in debt and 40 million shares outstanding.What is its enterprise value?

A.$10.94 million

B.$387.6 million

C.$700.0 million

D.$681.1 million

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