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Suppose FCFF = $1 mil for years 1-4 and then is expected to grow at a rate of 3%. Assume WACC = 15% What is

Suppose FCFF = $1 mil for years 1-4 and then is expected to grow at a rate of 3%. Assume WACC = 15% What is the firms value?

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FirmValue = i FCFF L(1 + WACC) PT (1 + WACC)T t=1

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