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Jacksonville Co. had free cash flow of $200 million last year, and free cash flow is expected to grow at 5% next year and for
Jacksonville Co. had free cash flow of $200 million last year, and free cash flow is expected to grow at 5% next year and for all future years. Assuming the WACC is 15%, what is the firm's value of operations (in millions)? $2,316 $2,100 $1,896 $2,000 $2,206
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