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Zachary Inc, forecasts a negative free cash flow for the coming year, FCF1=$12 million, but it expects positive numbers thereafter, with FCF2=$36 million. After Year

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Zachary Inc, forecasts a negative free cash flow for the coming year, FCF1=$12 million, but it expects positive numbers thereafter, with FCF2=$36 million. After Year 2, FCF is expected to grow at a constant rate of 4% forever. Assume the firm has zero non-operating assets. If the weighted average cost of capital is 12.0%, what is the firm's total corporate value, in millions? Do not round intermediate calculations. $324.56 $340.79 $308.33 $357.83 $391.07

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