A DCF is typically made up of two stages: $1)$ a discrete forecast period and $2)$ a terminal value.

Open the attached Excel file found above the question and go to the worksheet labeled: Perpetuity Growth $($Blank$)$

Using the perpetuity growth method, calculate the present value of the terminal value at the end of Year $0.$ Assume end$-$of$-$period$-$discounting.What is the present value of the Terminal Value $($using the perpetuity growth method$)$ at the end of Year $0?$ Assume end$-$of$-$year discounting.