eBook Value of Operations Problem Walk Through Kendra Enterprises has never paid a dividend. Free cash flow is projected to be 580,000 and $100,000 for the next 2 years, respectively, after the second year, FCF is expected to grow at a constant rate of 10%. The company's weighted average cost of capital is 18%. a. What is the terminal, or horizon, value of operations? (Mine: Find the value of all tree cash flows beyond Year 2 discounted back to Year 2.) Round your answer to the nearest cent. $ b. Calculate the value of Kendra's operations. Do not round intermediate calculations, Round your answer to the nearest cent. $