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You are in the process of starting a new company and you have already invested $ 5 million in the past year. In years 1

You are in the process of starting a new company and you have already invested $5 million in the past year. In years 1 and 2, the company will not need any investment and it is not expected to return any free cash flows. Starting in year 3 and beyond, you forecast that the company will have FCFs of $10 million every year forever. Assuming a WACC of 5%, how much is your company worth today? The answer is 181 million.

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