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Barnette Inc.'s free cash flows are expected to be unstable during the next few years whiti 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 whiti the company undergoes restructuring. However, FCF is expected to be $50 million in Year 5 , i.e., FCF at t=5 equals $50 million, and the FCF growth rate is expected constant at 6% beyond that point. If the weighted average cost of capital is 12%, what is the horizon value (in millions) at t=5

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