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lab Year1234 Free Cash Flow$12 milion$18 million$22 million$26 million Conundrum Mining is expected to generate the above free cash flows over the next four years,

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lab Year1234 Free Cash Flow$12 milion$18 million$22 million$26 million Conundrum Mining is expected to generate the above free cash flows over the next four years, after which they are expected to grow at a rate of 5% per year. If the weighted average cost of capital is 11% and Conundrum has cash of $80 milion, debt of $60 milion, and 30 million shares outstanding, what is Conundrum's expected terminal enterprise value at your 4? or h. Po ucati ication A. $455 million B$523 3 million C. $409.5 million D$500.5 million

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