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The Brooks Group has never paid a dividend. Free cash flow is projected to be $80,000 and $100,000 for the next 2 years, respectively. After

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The Brooks Group has never paid a dividend. Free cash flow is projected to be $80,000 and $100,000 for the next 2 years, respectively. After the second year, FCF is expected to grow at a constant rate of 8%. The company's weighted average cost of capital is 12%. a. What is the terminal, or horizon, value of operations? b. Calculate the value of company's operations

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