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Cardinal Corporation is expected to generate the following free cash flows over the next 5 years: Year 1 2 3 4 5 FCF ($ millions)
Cardinal Corporation is expected to generate the following free cash flows over the next 5 years: Year 1 2 3 4 5 FCF ($ millions) 53 68 78 75 82 After that the free cash flows are expected to grow at the industry average of 3% per year. Using the discounted cash flow model and a cost of capital of 10%, calculate the value of Cardinal Corp
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