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Q5 Suppose Leonard, Nixon, & Shull Corporations projected free cash flow for next year is $100,000, and FCF is expected to grow at a constant

Suppose Leonard, Nixon, & Shull Corporations projected free cash flow for next year is $100,000, and FCF is expected to grow at a constant rate of 6%. If the companys weighted average cost of capital is 11%, what is the value of its operations?

Select one:

a. $1,900,000

b. $1,714,750

c. $2,000,000

d. $2,100,000

e. $1,805,000

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