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Mooradian Corporation's free cash flow during the just-ended year (t = 0) was $200 million, and its FCF is expected to grow at a constant
Mooradian Corporation's free cash flow during the just-ended year (t = 0) was $200 million, and its FCF is expected to grow at a constant rate of 7.5% in the future. Assume the firm has zero non-operating assets. If the weighted average cost of capital is 12.5%, what is the firm's total corporate value, in millions?
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