Flippy Tech Inc. last year produced free cash flow of 700 million. You forecast that they can grow that free cash flow at 12% per year for the next 4 years, then at 4.0% for all periods starting in year 5 . The company has cash of $700 million and debt of $300 The company's WACC is estimated to be 9.5% Flippy Tech Inc. last year produced free cash flow of 700 million. You forecast that they can grow that free cash flow at 12% per year for the next 4 years, then at 4.0% for all periods starting in year 5 . The company has cash of $700 million and debt of $300 The company's WACC is estimated to be 9.5%