Ques. 6 You are valuing a company using the WACC approach and have estimated that the free cash flows from the firm (FCFF) in the next five years will be $36.7, S42.6, S45.1, S46.3, and $46.6 million, respectively. Beginning in year 6, you ex flows to decrease at a rate of 3 percent per year for the indefinite future. You estimate that the appropriate WACC to use in discounting these cash flows is 10 percent. What is the value of this company? pect the cash (6 marks) Page 9 of 11