Question 10 1 pts Ace Frisbee Corporation produces a good that is very mature in their product life cycles. Ace Frisbee Corporation is expected to generate a free cash flow (FCF) in year 1 of $3 million, a FCF in year 2 of $2 million, and a FCF in year 3 of $1 million. After year 3, FCFS are expected to increase at the rate of 2% per year (i.e., a constant growth rate of 2%). Ace Frisbee has $3 million of short-term investments. The WACC for the firm is 8%. What is the firm's value of operations today? O $17.78 million $13.07 million O $18.78 million O $16.07 million