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Lex Corp. is expected to generate a free cash flow ( FCF ) of $ 9 , 1 4 0 . 0 0 million this

Lex Corp. is expected to generate a free cash flow (FCF) of $9,140.00 million this year (FCF= $9,140.00 million), and the FCF is expected to grow at a rate of 21.40% over the following two years (FCF and FCF). After the third year, however, the FCF is expected to grow at a constant rate of 2.82% per year, which will last forever (FCF). Assume the firm has no nonoperating assets. If Lex Corp.s weighted average cost of capital (WACC) is 8.46%, what is the current total firm value of Lex Corp.?

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