Ron Enterprises forecasts the free cash flows (in millions) shown below. The weighted average cost of capital is 13.0%, and the FCFs are expected to continue growing at a 5.0% rate after Year 3.  What is the firm’s total corporate value, in millions?   Year 1 2 3 FCF -P15.0 P10.0 P40.0   Group of answer choices P348.48 P331.06 P386.13 P366.82 P314.51

Essentials Of Investments
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Ron Enterprises forecasts the free cash flows (in millions) shown below. The weighted average cost of capital is 13.0%, and the FCFs are expected to continue growing at a 5.0% rate after Year 3.  What is the firm’s total corporate value, in millions?

 

Year

1

2

3

FCF

-P15.0

P10.0

P40.0

 

Group of answer choices
P348.48
P331.06
P386.13
P366.82
P314.51
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