Gupta Corporation is undergoing a restructuring, and its free cash flows are expected to vary considerably during the next few years. However, the FCF is expected to be $85.00 million in Year 5 , and the FCF growth rate is expected to be a constant 6.5% beyond that point. The weighted average cost of capital is 12.0%. What i the horizon (or continuing) value (in millions) at t=5 ? a. \$2,041 b. $1,646 c. $1,234 d. $1,662 e. $1,432