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. Which of the following free cash flow (FCF) streams is (are) a growing perpetuity? FCF in Year 5, 6, 7 ... FCF in Year

. Which of the following free cash flow (FCF) streams is (are) a growing perpetuity? FCF in Year 5, 6, 7 ... FCF in Year 6, 7, 8 ... FCF in Year 7, 8, 9 ... If you use the growing perpetuity formula: Year N TV = (Year N+1 CF)/(rg), what is the present value of that terminal value (is it Year N TV or some other numbers)?

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