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9. FCF model for value of operation The free cash flows (in millions) shown below are forecast by Simmons Inc. If the weighted average cost

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9. FCF model for value of operation The free cash flows (in millions) shown below are forecast by Simmons Inc. If the weighted average cost of capital is 13% and the free cash flows are expected to continue growing at the same rate after Year 3 as from Year 2 to Year 3, what is the Year 0 value of operations, in millions? Year: 3 Free cash flow: $20 $42 $45 $714 $680 $617 $648 $586

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