Value of Operations Kendra Enterprises has never paid 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 mite of 7%. The company's weighted average cost of capital is 13%. a. What is the tesminal, 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. 5 b. Calculate Kendra's value operations. Do not found intermediate calculations; Round your answer to the nearest cent