Homework: Chapter 17 Save Score: 5 of 23 pts 13 of 23 Question 13: Problem 17.LO3.49 (similar to) Question Help Settings Arcadagro Inc. generated free cash flow of $10 million at the end of last year. (Assume that free cash flow is paid at the end of each year and we are at the beginning of the year. So, the end of last year was yesterday.) Analysts expect free cash flow to grow at 2.5% per annum in perpetuity. What is the present value of Arcadagro's future free cash flows today when discounted at 13%? Thus, the present value of Arcadagro's future free cash flows today when discounted at 13% is $1 million (Round to the nearest million dollars as needed.) Enter your answer in the answer box and then click Check Answer. All parts showing Clear All Check