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Simpson company is expanding rapidly and does not pay dividends. free cash flow is projected to be $80,000 and $100,000 for the next two years
Simpson company is expanding rapidly and does not pay dividends. free cash flow is projected to be $80,000 and $100,000 for the next two years respectively. after the second year, free cash flow is expected to grow at a constant rate of 8%. The company's weighted average cost of capital is 12%. What is the value of Simpson Company's operations? show work
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