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Young & Liu Inc.'s free cash flow during the just-ended year was $100 million, and FCF is expected to grow at a constant rate of
Young & Liu Inc.'s free cash flow during the just-ended year was $100 million, and FCF is expected to grow at a constant rate of 7% in the future. If the weighted average cost of capital is 15%, what is the firm's value of operations, in millions?
$1,111 | ||
$1,250 | ||
$1,338 | ||
$1,178 |
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