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You are valuing a company using the WACC approach and have estimated that the free cash flows from the firm ( FCFF ) in the
You are valuing a company using the WACC approach and have estimated that the free cash flows from the firm FCFF in the next five years will be $ $ $ $ and $ million, respectively. Beginning in year you expect the cash flows to decrease at a rate of percent per year for the indefinite future. You estimate that the appropriate WACC to use in discounting these cash flows is percent. What is the TERMINAL value of this company?
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