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Petty corporation forecasts a negative free cadh glow for the coming year with FCF1 = $10 mollion but it expects positive numbers thereafter, with FCF2
Petty corporation forecasts a negative free cadh glow for the coming year with FCF1 = $10 mollion but it expects positive numbers thereafter, with FCF2 = $25 million. After year 2, FCF is expected to grow at a constant rate of 4% forever. If the weighted average cost of capital is 14%, what is the firms total corporate value in millions? Round to 2 decimal places
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