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Unstable Growth Conglomerate, Inc. forecasts that its free cash flow in the coming year, i.e., at t=1, will be $25 million (negative), but its FCF
Unstable Growth Conglomerate, Inc. forecasts that its free cash flow in the coming year, i.e., at t=1, will be $25 million (negative), but its FCF at t=2 will be $40 million and its FCF at t=3 will be $48 million. After Year 3, FCF is expected to grow at a constant rate of 5% forever. If the weighted average cost of capital is 17%, what is the firm's value of operations, in millions? Enter your answer rounded to two decimal places. Do not enter $ or comma in the answer box. For example, if your answer is $12,300.456 then enter as 12300.46 in the answer box
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