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A firm has completed their 5-year horizon forecast. Their weighted average cost of capital is 12%. Beyond the end of the horizon period they conservatively

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A firm has completed their 5-year horizon forecast. Their weighted average cost of capital is 12%. Beyond the end of the horizon period they conservatively estimate that growth will continue at 3%. Calculate total enterprise value. Free Cash Flow for each year: Year 1: Year 2: Year 3: Year 4: Year 5: 8,000 8,500 9,000 9,500 10,000 Select one: O a. $96,976 b. $109,054 C. $139,803 d. $99,094

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