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Normaltown Corporation An analyst has predicted the free cash flows for Normaltown Corporation for the next four years: YEAR 2004 FCF $12 million. 2005

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Normaltown Corporation An analyst has predicted the free cash flows for Normaltown Corporation for the next four years: YEAR 2004 FCF $12 million. 2005 $19 million 2006 $20 million 2007 $26 million After 2007, the free cash flows are expected to grow at an annual rate of 3%. If the weighted average cost of capital is 15% for Normaltown, find the enterprise value of the firm. $301.88 million $180.41 million $323.00 million $54.92 million

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