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Lowell Inc forecasts the free cash flows ( in millions ) shown below. The weighted average cost of capital is 1 3 % , and

Lowell Inc forecasts the free cash flows

(

in millions

)

shown below. The weighted average cost of capital is

13 %,

and the FCFs are expected to continue growing at a

7 %

rate after Year

3 .

What is the Year

0

value of the firm, in millions?

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