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find the horizon or continuing calue at t=3 Misra Inc. forecasts a free cash flow of $55 million in Year 3, i.e., at t= 3,

image text in transcribedfind the horizon or continuing calue at t=3
Misra Inc. forecasts a free cash flow of $55 million in Year 3, i.e., at t= 3, and it expects FCF to grow at a constant rate of 5.5% thereafter. If the weighted average cost of capital (WACC) is 10.0% and the cost of equity is 15.0%, what is the horizon, or continuing, value in millions at t= 3

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