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Check My Work ( 1 remaining) Value of Operations Kendra Enterprises has never paid a dividend. Free cash flow is projected to be $80,000 and
Check My Work ( 1 remaining) Value of Operations Kendra Enterprises has never paid a dividend. Free cash flow is projected to be $80,000 and $100,000 for the next 2 years, respectively; year, FCF is expected to grow at a constant rate of 10%. The company's weighted average cost of capital is 14%. a. What is the terminal, or horizon, value of operations? (Hint: Find the value of all free cash flows beyond Year 2 discounted back answer to the nearest cent. $ b. Calculate Kendra's value operations. Do not round intermediate calculations. Round your answer to the nearest cent. $
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