Value Of Operations

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 rate of 7%. The company's weighted average cost of capital is 12%. 2. 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