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Richter Manufacturing has an 8% unlevered cost of equity. Richter forecasts the following free cash flows (FCFs), which are expected to grow at a constant

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Richter Manufacturing has an 8% unlevered cost of equity. Richter forecasts the following free cash flows (FCFs), which are expected to grow at a constant 4% rate after Year 3. Year 1 Year 2 Year 3 FCF $770 $805 $855 a. What is the horizon value of the unlevered operations? Do not round intermediate calculations. Round your answer to the nearest dollar. b. What is the total value of unlevered operations at Year O? Do not round intermediate calculations. Round your answer to the nearest dollar. $

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