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Enterprise value formula with terminal value formula can be found from the web. Actual question: Assume a firm currently has $24 million in cash flows

Enterprise value formula with terminal value formula can be found from the web.

Actual question:

Assume a firm currently has $24 million in cash flows that are expected to grow 27% for the next two years and 13% thereafter. If the firm has a weighted average cost of capital of 14%, what is the value of the firm?

Answer: $3422 million.

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