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Nickerson Inc., a health services firm, is expected to grow rapidly in the next two years and then have a level growth rate of 6
Nickerson Inc., a health services firm, is expected to grow rapidly in the next two years and then have a level growth rate of 6 percent per annum for the foreseeable future. The firm expects free cash flows of $112 Million the first year and $145 million in the second year. The company has no nonoperating assets (NOA). If the appropriate WACC is 10 percent, what is the enterprise value of this business?
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