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Year 1 2 3 4 Free Cash Flow $10 million $16 million $20 million $24 million AAA is expected to generate the above free cash

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Year 1 2 3 4 Free Cash Flow $10 million $16 million $20 million $24 million AAA is expected to generate the above free cash flows over the next four years, after which they are expected to grow at a rate of 5% per year. If the weighted average cost of capital is 10%, what is AAA's expected terminal enterprise value (or year 4)? A. $504.0 million $528.2 million B. $413.4 million OC. $459.3 million D

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