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Jen Britt Incorporated had a free cash flow (FCF) of $80 million in 2023. The firm projects FCF of $200 million in 2024 and $500
Jen Britt Incorporated had a free cash flow (FCF) of $80 million in 2023. The firm projects FCF of $200 million in 2024 and $500 million in 2025. FCF is expected to grow at a constant rate of 4% in 2026 and thereafter. The weighted average cost of capital is 9%.What is the current (i.e., beginning of 2024) value of operations
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