9. Corporate valuation model Aa Aa The corporate valuation model, the price-to-earnings (P/E) multiple approach, and the economic value-added (EVA) approach are some examples of valuation techniques. The corporate valuation model is similar to the dividend-based valuation that you've done in previous problems, but it focuses on a firm's free cash flows (FCFs) instead of its dividends. Some firms don't pay dividends, or their dividends are difficult to forecast. For that reason, some analysts use the corporate valuation model Charles Underwood Agency Inc. has an expected net operating profit after taxes, EBIT (1 T), of $400 million in the coming year. In addition, the firm is expected to have net capital expenditures of $60 million, and net operating working capital (NOWC) is expected to increase by $10 million. How much free cash flow (FCF) is Charles Underwood Agency Inc. expected to generate over the next year? $330 million O $350 million O $5,632 million O $450 million