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== A firm is expected to generate a free cash flow of $41.77 million this year (FCF = $41.77 million), and the FCF is

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== A firm is expected to generate a free cash flow of $41.77 million this year (FCF = $41.77 million), and the FCF is expected to grow at a rate of 14.00% over the following two years (FCF2 and FCF3). After the third year, however, the FCF is expected to grow at a constant rate of 1.00% per year, forever. Assume the firm has no nonoperating assets. If the firm's weighted average cost of capital (WACC) is 6.00%, what is the firm's value?

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