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Mooradian Corporations free cash flow during the just-ended year (t = 0) was $150 million, and its FCF is expected to grow at a constant
Mooradian Corporations free cash flow during the just-ended year (t = 0) was $150 million, and its FCF is expected to grow at a constant rate of 4.5% in the future. If the weighted average cost of capital is 12.5%, what is the firms value of operations, in millions?
a. $1,959
b. $1,995
c. $2,100
d. $2,205
e. $2,315
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