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Q2. (10 marks) Livent Inc. forecasts that it will have the free cash flows (in millions) shown below. If the weighted average cost of capital

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Q2. (10 marks) Livent Inc. forecasts that it will have the free cash flows (in millions) shown below. If the weighted average cost of capital is 12% and the free cash flows are expected to continue growing at the same rate after Year 3 as from Year 2 to Year 3, what is the firm's total corporate value, in millions? Year 1 2 3 Free cash flow -$10.00 $28.00 $30.00

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