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2 You have been asked to value an entertainment company for a possible acquisition by Kevin LLC The firm's current free cash flow is $

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2 You have been asked to value an entertainment company for a possible acquisition by Kevin LLC The firm's current free cash flow is $ 150 million, and it has a 21% tax rate. And you estimated the growth rate of the cash flow for the following years, Year 1 2 Growth rate 10% Cost of Capital 12% 3 15% Horizon 15% 3% 12% 12% 10% a. Estimate the expected free cash flows to the firm every year for the next 3 years b. Estimate the horizon value of the fimm(Hint: the value at the end of the third year) c. Estimate the value of the fimm

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