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Blatant Inc.'s free cash flow during the just-ended year was $132 million, and FCF is expected to grow at a constant rate of 5% in

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Blatant Inc.'s free cash flow during the just-ended year was $132 million, and FCF is expected to grow at a constant rate of 5% in the future. If the weighted average cost of capital is 11%, what is the firm's value of operations? The FCF model cannot be applied because the FCF growth rate is less than the cost of capital $2.31 billion O $2.20 billion O $2.40 billion O $2.25 billion

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