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A company is expected to generate free cash flows of $30 million next year (year T+1), which are forecasted to grow at a steady rate
A company is expected to generate free cash flows of $30 million next year (year T+1), which are forecasted to grow at a steady rate of 2% per year in perpetuity thereafter (so, the company is already in terminal phase). If the company's WACC is 9%, what is its Terminal Value this year (year T)? Answer in millions, rounded to one decimal place (e.g., $238,924,111 = 238.9)
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