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ran Enterprises forecasts the free cash flows (in millions) shown below. Assume the firm has zero n-operating assets. The weighted average cost of capital is 13.0%, and the FCFS are expected to ntinue growing at a 5.0% rate after Year 3. What is the firm's total corporate value (in millions)? Do t round intermediate calculations. ar 1 2 3 CF -$15.0 $10.0 $60.0 O $593.56 $581.92 $634.29 $459.71

ran Enterprises forecasts the free cash flows (in millions) shown below. Assume the firm has zero n-operating assets. The weighted average cost of capital is 13.0%, and the FCFS are expected to ntinue growing at a 5.0% rate after Year 3. What is the firm's total corporate value (in millions)? Do t round intermediate calculations. ar 1 2 3 CF -$15.0 $10.0 $60.0 O $593.56 $581.92 $634.29 $459.71

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Question 30 Ryan Enterprises forecasts the free cash flows (in millions) shown below. Assume the firm has zero non-operating assets. The weighted average cost of capital is 13.0%, and the FCF are expected to continue growing at a 5.0% rate after Year 3. What is the firm's total corporate value (in millions)? Do not round intermediate calculations. Year FCF -$15.0 $10.0 $60.0 $593.56 O $581.92 $634.29 $459.71 O $721.58 3.
Transcribed Image Text:Question 30 Ryan Enterprises forecasts the free cash flows (in millions) shown below. Assume the firm has zero non-operating assets. The weighted average cost of capital is 13.0%, and the FCF are expected to continue growing at a 5.0% rate after Year 3. What is the firm's total corporate value (in millions)? Do not round intermediate calculations. Year FCF -$15.0 $10.0 $60.0 $593.56 O $581.92 $634.29 $459.71 O $721.58 3.
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