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Suppose that a company had $2 million free cash flows (FCF) last year, its FCF is expected to grow at 9 percent for the next

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Suppose that a company had $2 million free cash flows (FCF) last year, its FCF is expected to grow at 9 percent for the next 4 years and 3 percent thereafter. If its weighted average cost of equity is 8 percent, what is the intrinsic value of this company using non-constant growth discount free cash flows model(in million)

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