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Zhdanov Inc. forecasts that its free cash flow in the coming year, i.e., at t 1, will be-$10 million, but its FCF att- 2 will

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Zhdanov Inc. forecasts that its free cash flow in the coming year, i.e., at t 1, will be-$10 million, but its FCF att- 2 will be $20 million. After Year 2, FCF is expected to grow at a constant rate of 4% forever. If the weighted average cost of capital is 14%, what is the firm's value of operations, in millions? Select one: a. $158 O b. $167 C. $175 O d. $184 e. $193

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