4. Problem 7-04 (Horizon Value of Free Cash Flows) eBook Horizon Value of Free Cash Flows JenBritt Incorporated had a free cash flow (FCH) of $100 million in 2019. The firm projects PCF of $220 million in 2020 and $530mmon in 2021. C ** expected to grow at a constant rate of 6% in 2022 and thereafter. The weighted average cost of capital is 9%. What is the current (le, beginning of 2020) value of operations? Do not round intermediate calculations. Enter your answer in millions. For example, an anoner of 31 milion should be entered as 1, not 1,000,000. Round your answer to two decimal places. million $ Grade k Now Save & Continue Continue without saving