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A corporation is a fast-growing supplier of office products. Analysts project the following free cash flows during the next 3 years, after which the free
A corporation is a fast-growing supplier of office products. Analysts project the following free cash flows during the next 3 years, after which the free cash flows are expected to grow at a constant rate of 7%. The corp's WACC is 14%.
Year 1: -$17
Year 2: $25
Year 3: $35
What is the firm's market value today? Round to 2 decimal places at the end, do not round intermediate calculations. Include the dollar sign.
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