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You are the CFO of Brutus Co. and expect your firm to generate FCFs of $450,000 per year (starting next year) for 10 years. After

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You are the CFO of Brutus Co. and expect your firm to generate FCFs of $450,000 per year (starting next year) for 10 years. After that, annual FCFs will grow by 1% per year forever. Therefore, FCF in year 11 would be higher than FCF in year 10 , FCF in year 12 would be higher than year 11 , and so on. You expect a cost of capital of 6% for Brutus Co. How much would you value Brutus Co.? $8.39mn $9.02mn $9.79mn $11.65mn

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