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Round answer to 2 decimal places. A company forecasts a negative free cash flow of -$10 million (yes, that is a NEGATIVE) for the coming
Round answer to 2 decimal places.
A company forecasts a negative free cash flow of -$10 million (yes, that is a NEGATIVE) for the coming year, but it expects positive free cash flows of $15 million, thereafter. After Year 2, free cash flow is expected to grow at a constant rate of 10% forever. If the weighted average cost of capital is 15%, what is the firm's total corporate value, in millionsStep by Step Solution
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