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Victoria Enterprises expects earnings before interest and taxes ( EBIT ) next year of $ 2 . 4 million. Its depreciation and capital expenditures will

Victoria Enterprises expects earnings before interest and taxes (EBIT) next year of $2.4 million. Its depreciation and capital expenditures will both be $298,000, and it expects its capital expenditures to always equal its depreciation. Its working capital will increase by $47,000 over the next year. Its tax rate is 25%. If its WACC is 10% and its FCFs are expected to increase at 3% per year in perpetuity, what is its enterprise value?
The company's enterprise value is $
(Round to the nearest dollar.)
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