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You are utilizing a corporate valuation model. You have determined that the Free Cash Flow for last year (t=0) was $100. The analysis indicates that

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You are utilizing a corporate valuation model. You have determined that the Free Cash Flow for last year (t=0) was $100. The analysis indicates that the FCFs will grow at a rate of 5% for two years, followed by the next two years at 4%, and then growing at the rate of 2% indefinitely. Utilizing a market value approach, the WACC is 12%. What is the horizon value for the fourth year for this model? Do not round any of your interim values. Please round your final answer to the nearest penny (e.g., $xxx.xx) $1.364.71 $1,216,31 $1.239.59 $1,390.83 $1.312.72

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