Misra Inc. forecasts a free cash flow of 550 million in Year 3 , Le., at t=3, and it expects FCF to grow at a constant rate of 5.5% thereafter. If the weighted average cost of capital (WACC) is 10.5% and the cost of equity is 15.5%, then what is the horizon, or continuing, value in millions at t=3 ? 3. $1,000million b. $948 miltion 5. $1,055 million 1. $959 million e. $1,105 million