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a. A company is projected to generate free cash flows of $143 million per year for the next 3 years (FCFF1, FCFF2 and FCFF3). Thereafter,

a. A company is projected to generate free cash flows of $143 million per year for the next 3 years (FCFF1, FCFF2 and FCFF3). Thereafter, the cash flows are expected to grow at a 2.4% rate in perpetuity. The company's cost of capital is 9.1%. What is your estimate for its enterprise value? Answer in millions, rounded to one decimal place (e.g., $213,456,789 = 213.5).

b. A company is projected to generate free cash flows of $386 million next year, growing at a 5.1% rate until the end of year 3. After that, cash flows are expected to grow at a stable rate of 2.4%. The company's cost of capital is 11.9%. The company owes $214 million to lenders and has $31 million in cash. If it has 143 million shares outstanding, what is your estimate for its share value? Round to one decimal place.

c. A company had total revenues of $121 million, operating profit margin of 21%, and depreciation and amortization expense of $13 million over the trailing twelve months. The company currently has $41 million in total debt and $12 million in cash and cash equivalents. If the company's market capitalization (market value of its equity) is $557 million, what is its EV/EBITDA ratio? Round to one decimal place.

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