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Suppose Boyson Corporations projected free cash flow for next year is FCF1 = $590,000, and FCF is expected to grow at a constant rate of

Suppose Boyson Corporations projected free cash flow for next year is FCF1 = $590,000, and FCF is expected to grow at a constant rate of 6.5%. Assume the firm has zero non-operating assets. If the companys weighted average cost of capital is 11.5%, then what is the firms total corporate value?

a. $9,204,000

b. $11,564,000

c. $11,800,000

d. $9,676,000

e. $13,216,000

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