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Kendra Enterpatses has never paid a dividend. Free cash fiow is projected to be $80,000 and $100,000 for the next 2 years, respectively; after the

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Kendra Enterpatses has never paid a dividend. Free cash fiow is projected to be $80,000 and $100,000 for the next 2 years, respectively; after the second year, FCF is expected to grow at a constant rate of 6%. The company's weighted average cost of capital is 17%. a. What is the terminal, or horizon, value of operations? (Hint: Find the volue of all free cash flows beyond Year 2 discounted back to Year 2 .) Round your answer to the nearest cent. b. Calculate the value of Kendra's operations. Do not round intermediate caiculations. Round your answer to the nearest cent

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