Question $33$

$3$ pts

Space Y$.$ forecasts that it will have the free cash flows $($in millions$)$ shown below. If the weighted average cost of capital is $14\%$ 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

Free cash flow

$1$

$-$$$20\mathrm{.}00$

$2$

$3$

$$461\mathrm{.}38$

$$535\mathrm{.}20$

$$572\mathrm{.}11$

$$549\mathrm{.}04$

$$553\mathrm{.}65$