Question: After much analysis, Wall Street experts expect PFE to generate the following free cash flows (FCF) over the next 5 years: Year 2 3 4

After much analysis, Wall Street experts expect PFE to generate the

After much analysis, Wall Street experts expect PFE to generate the following free cash flows (FCF) over the next 5 years: Year 2 3 4 5 FCF (5 millions) 15 33 12 26 18 After year 5. they expect FCFs to have a lower annual growth rate of 4 percent. PFE's weighted average cost of capital is 10 percent. In a few sentences explain the process that you would follow to estimate PFE's enterprise value. (Note: it is not necessary to use the given numbers in your answer.) B I FI T. 1- %

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