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FCF 1 = $7 million; FCF 2 = $45 million; FCF 3 = $55 million. Assume that free cash flow grows at a rate of

FCF₁ = $7 million; FCF₂ = $45 million; FCF₃ = $55 million. Assume that free cash flow grows at a rate of 4% for year 4 and beyond. If the weighted average cost of capital is 10%, calculate the value of the firm.

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