an analyst seeks to determine the value of Venture Industries. After careful research, the analyst believes that free cash flows for the firm will be 50$million in the upcoming year.....

- An analyst seeks to determine the value of Venture Industries. After careful research, the analyst believes that {ice cash ows for the rm will be $50 million in the upcoming year (year 1} and will grow at 10% annually for each ofthe two following years (years 2 and 3). The Rec cash ows will grow at a rate of 4% aer year 3. What is the value of the rm (in millions of S) for 1Venture at a WACC of 12%? C. 952 D. 659