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Mooradian Corporation's free cash flow during the just-ended year (t = 0) was $260 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 $260 million, and its FCF is expected to grow at a constant rate of 5.0% 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?

a. $2,080 million
b. $3,640 million
c. $3,467 million
d. $5,460 million
e. $2,184 million

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