ABC's analyst projects that ABC's expansion will add $50,000 in incremental after-tax free cash flows in year 1. After year 1 your analyst believes that the annual growth rate will be 3% in perpetuity. Assuming that ABC's WACC is 9.5%, what is the PV of these incremental free cash flows? 769,231 92,694 0 723,569 O 706,455