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An analyst conducting a stock analysis has estimated the following free cash flows for Year 1 through Year 3: Time Free Cash Flow Year 1
An analyst conducting a stock analysis has estimated the following free cash flows for Year 1 through Year 3: Time Free Cash Flow Year 1 $1,525 Year 2 $3,780 Year 3 $5,045 After Year 3, free cash flows are expected to grow at 1.7% each year forever. The weighted average cost of capital is 7.9%. What is the correct terminal value for this analysis? Round your answer to two decimal places and omit dollar signs (i.e., enter $2,001.274 as 2,001.27)
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