Question
Michonne Corp.'s Free Cash Flow (FCF) for the most recent year (year 0) is $637 (million). FCF is expected to grow by 14% next year
Michonne Corp.'s Free Cash Flow (FCF) for the most recent year (year 0) is $637 (million). FCF is expected to grow by 14% next year (1 year from now), by 10% the year after that (2 years from now), and by 6% per year thereafter. Michonne's WACC is estimated at 12%. The estimated Enterprise Value (Value of Operations) for Michonne is $____________(million).
Margin of error for correct responses: +/- $.10 (million).
Rounding and Formatting instructions: Do not enter dollar signs or commas in your response. Do not round any intermediate work, but round your *final* response to 2 decimal places, in MILLIONS. Example: if your answer is $12.34567 million, you should enter 12.35.
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