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The firm's free cash flow next year (t = 1) is $11.5 million, and after next year, it is expected to grow at a constant

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The firm's free cash flow next year (t = 1) is $11.5 million, and after next year, it is expected to grow at a constant rate of 3% per year. Its weighted cost of capital is 12.0%. The firm value today is million

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