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Holy Blade Inc. forecasts a positive Free Cash Flow for the coming year, with FCF1 = $10,000,000, and it expects positive numbers thereafter, with FCF2

Holy Blade Inc. forecasts a positive Free Cash Flow for the coming year, with FCF1 = $10,000,000, and it expects positive numbers thereafter, with FCF2 = $25,000,000. After Year 2, FCF is expected to grow at a constant rate of 5% forever. If the Weighted Average Cost of Capital (WACC) is 12%, what is the firm's current value of operations, in millions?

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$410.00 M

$327.81 M

$426.15 M

$295.03 M

$344.20 M

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