Previous Page Next Page Page 45 of 45 Question 46 (3 points) McMaster Industries is expected to generate the above free cash flows over the next five years. Year 5 FCF is forecasted to be $24 million. After 5 years free cash flows are expected to grow at a rate of 2.8% per year. If the weighted average cost of capital is 6.6% and McMaster Industries has cash of $13 million, debt of $50 million, and 80 million shares outstanding, what is General Industries' expected terminal enterprise value? Round to two (2) decimal Places. Do not enter '$' sign. Your Answer: Answer Previous Page Next Page Page 45 of 45