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Mooradian Corporations free cash flow during the just-ended year (t = 0) was $210 million, and its FCF is expected to grow at a constant
Mooradian Corporations free cash flow during the just-ended year (t = 0) was $210 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 firms total corporate value, in millions?
Group of answer choices
$3,146
$2,940
$2,352
$2,822
$2,675
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