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Aliber Co.'s free cash flows are projected as follows: FCF 1 = $9 million; FCF 2 = $45 million; FCF 3 = $37 million. Assume
Aliber Co.'s free cash flows are projected as follows: FCF1 = $9 million; FCF2 = $45 million; FCF3 = $37 million. Assume that free cash flow grows at a rate of 4 percent for year 4 and beyond. If the weighted average cost of capital is 15 percent, calculate the value of the firm.
$438.49 million
$509.36 million
$244.73 million
$303.18 million
$375.01 million
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