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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
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 firm's total corporate value, in millions? Year 1 2 3 FCF -$15.0 $10.0 $25.0 a. $217.75 b. $239.29 c. $196.22 d. $268.01 e. $272.79
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