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Year1234 Free Cash Flow$12 million $18 million$22 million $26 million Conundrum Mining is expected to generate the above free cash flows over the next four

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Year1234 Free Cash Flow$12 million $18 million$22 million $26 million Conundrum Mining is expected to generate the above free cash flows over the next four years, after which they are expected to grow at a rate of 3% per year. If the weighted average cost of capital is 12% and Conundrurn has cash of 580 million, debt of $60 million, and 30 million shares outstanding, what is Conundrum's expected torminal enterprise value at year 4? A. $342.2 million OB. $2976 million OC. $327.3 million OD. $267.8 million

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