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4 A firm has estimated its free cash flows as below.j 342 S19.08 million ee Cash Flows+ -$11.50 million $18.00 million-* The weighted average cost

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4 A firm has estimated its free cash flows as below.j 342 S19.08 million ee Cash Flows+ -$11.50 million $18.00 million-* The weighted average cost of capital is 1 1%. Between Year 2 and Year 3, the firm has experienced a healthy growth. The free cash flows are expected to grow continuously at the same rate after Year 3. If firm has also invested $25 million in marketable securities, what is its current total corporate value? 4- FCF FCF FCFn+1 +WACC) +WACC) WACC

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