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Arook Corporaton's free cash flow for the current year (FCFo) was $3.50 million. Its investors require a 12% rate of return on Brooks Corporation stock
Arook Corporaton's free cash flow for the current year (FCFo) was $3.50 million. Its investors require a 12% rate of return on Brooks Corporation stock (WACC =12% ). What is the estimated value of the value of operations if investors expect FCF to grow at a constant annual rate of (1) 3%,(2)0%,(3)3%, or (4) 10% ? Do not round intermediate calculstions, Enter your answers in millions. For example, an answer of $1 milton should be entered as 1, not 1,000,000. Round your answers to two decimal places
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