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Barnette Inc.'s free cash flows are expected to be unstable during the next few years while the company undergoes restructuring. However, FCF is expected to

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Barnette Inc.'s free cash flows are expected to be unstable during the next few years while the company undergoes restructuring. However, FCF is expected to be $100 million in Year 5, i.e., FCF att = 5 equals $100 million, and the FCF growth rate is expected to be constant at 5% beyond that point. If the weighted average cost of capital is 15%, what is the horizon value (in millions) at t = 5? O $948 $998 O $1,050 O $1,103 O $1,158

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