QUESTION $6$

Question $5$ and $6$ are based on the forecasted estimates for AHP below. You have already forecasted the FCFs for the next $2$ years and that

starting from year $3$ the firm is expected to grow at $5\%$ in perpetuity. WACC is $10\%$

The sum of the present value of the first $2$ years' free cash flows are:

a$.177$

b$.190$

C$.195$

d$.200$