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Value of Operations Kendra Enterprises has never pad a dividend. Free cash flow is projected to be $80,000 and $100,000 for the next 2 years,

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Value of Operations Kendra Enterprises has never pad 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 99. The company's weighted average cost of capital is 17% a What is the terminal, or horizon, value of operations (Hint: Find the value of all free cash flows beyond Year 2 discounted back to Year 2.) Round your answer to the nearest cent. $ b. Calculate the value of Kendra's operations. Do not round intermediate calculations. Round your answer to the nearest cent

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