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Noahs Nautical Co. forecasts the following free cash flows (in millions) shown below. The weighted average cost of capital is 9.0%, and the FCFs are
Noahs Nautical Co. forecasts the following free cash flows (in millions) shown below. The weighted average cost of capital is 9.0%, and the FCFs are expected to continue growing at a 7.0% rate after Year 3. What is the firms total corporate value, in millions? Year 1 2 3 FCF -$5.0 $10.0 $30.0
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