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Use the information in the table below to calculate the present value for free cash flows PV (FCF)? Item Year o Year 1 Year 2

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Use the information in the table below to calculate the present value for free cash flows PV (FCF)? Item Year o Year 1 Year 2 Year 3 Year 4 Year 5 (Terminal) profit after tax 300,000 320,000 330,000 350,000 370,000 390,000 depreciation 20,000 25,000 30,000 35,000 40,000 45,000 fixed assets 700,000 700,000 750,000 750,000 800,000 800,000 working capital 400,000 420,000 430,000 450,000 470,000 490,000 MACC 12% Growth (g) 2% Select one: a. PV (FCF) = $ 5,731,556.35 b. PV (FCF) = $ 3,731,556.35 o C. PV (FCF) = $ 4,631,556.35 d. PV (FCF) = $ 4,731,556.35

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