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Brook Corporation's free cash flow for the current year (FCF0) was $1.75 million. Its investors require a 17% rate of return on Brooks Corporation stock
Brook Corporation's free cash flow for the current year (FCF0) was $1.75 million. Its investors require a 17% rate of return on Brooks Corporation stock (WACC = 17%). What is the estimated value of the value of operations if investors expect FCF to grow at a constant annual rate of (1) - 2%, (2) 0%, (3) 7%, or (4) 12%? Do not round intermediate calculations. Enter your answers in millions. For example, an answer of $1 million should be entered as 1, not 1,000,000.
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