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QUESTION 1 Gupta Corporation is undergoing a restructuring, and its free cash flows are expected to vary considerably during the next few years. However, the

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QUESTION 1 Gupta Corporation is undergoing a restructuring, and its free cash flows are expected to vary considerably during the next few years. However, the FCF is expected to be $30.00 million in Year 5, and the FCF growth rate is expected to be a constant 6.5% beyond that point. The weighted average cost of capital is 12.0%. What is the horizon (or continuing) value (in millions) att- 5? a. $610 b. $534 C.$558 d. $581 e.$476

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