Question
) Ryan Enterprises forecasts the free cash flows (in millions) shown below. The weighted average cost of capital is 13.0%, and the FCFs are expected
) Ryan Enterprises forecasts the free cash flows (in millions) shown below. The weighted average cost of capital is 13.0%, and the FCFs are expected to continue growing at a 5.0% rate after Year 3. What is the firms total corporate value, in millions?
| Year | 1 | 2 | 3 |
| FCF | -$15.0 | $10.0 | $60.0 |
| a. | $675.02 |
| b. | $453.90 |
| c. | $692.48 |
| d. | $482.99 |
| e. | $581.92 |
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Day Trading Cardinal Rules For Passive Income
Authors: Brian Stclair
1st Edition
1539480313, 978-1539480310
