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Vasudevan, Inc. forecasts the free cash flows (in millions) shown below. If the weighted average cost of capital is 16% and the free cash flows
Vasudevan, Inc. forecasts the free cash flows (in millions) shown below. If the weighted average cost of capital is 16% and the free cash flows are expected to continue growing at the same rate after Year 3 as from Year 2 to Year 3, what is the Year 0 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.
Year | Free Cash Flow | |
1 | $ (22.00) | |
2 | $ 42.00 | |
3 | $ 45.00 |
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