Kendra Enterprises has never paid a dividend. Free cash flow 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 9%. The company's weighted average cost of capital is 16%. a. What is the terminal, or honzon, value of operations? (Hint: Find the value of all free cash flows beyond Year 2 discounted back to Yeat 2. .) Round your answer to the nearest cent. s (3) b. Calculate Kendra's value operations. Do not round intermedate calculations, Round your answer to the nearest cent