Terminal Value Perpetuity Growth Method A DCF is typically made up of two stages: 1) a discrete forecast period and 2) a terminal value. Open the attached Excel file found above the question and go to the worksheet labeled: Perpetuity Growth (Blank) Using the perpetuity growth method, calculate the present value of the terminal value at the end of Year 0. Assume end-of-period-discounting. $412,785 $454,064 $731,275 $440,839