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ABC Company expects its free cash flows to vary considerably during the next few years. However, its FCF is expected to be $33 million in

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ABC Company expects its free cash flows to vary considerably during the next few years. However, its FCF is expected to be $33 million in Year 5 (i.e, FCF at t=5 ). and the FCF growth rate is expected to be a constant 7.7% beyond that point. The companys WACC is 12%, What is the horizon value (in millions) in year 5 (i.e. t-5)? Do not discount the horizon value to Year 0 . Round your answer to the nearest dollas. (Hint: Use the horizon value (Hiv) formula with a constant growth) 5827 ailion thos maken $819 million $815 million 5812 mificon ABC Company expects its free cash flows to vary considerably during the next few years. However, its FCF is expected to be $33 million in Year 5 (i.e, FCF at t=5 ). and the FCF growth rate is expected to be a constant 7.7% beyond that point. The companys WACC is 12%, What is the horizon value (in millions) in year 5 (i.e. t-5)? Do not discount the horizon value to Year 0 . Round your answer to the nearest dollas. (Hint: Use the horizon value (Hiv) formula with a constant growth) 5827 ailion thos maken $819 million $815 million 5812 mificon

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