Question: Answer and explanation? 28) An analyst seeks to determine the value of Venture Industries. free cash flows for the firm will be $50 million in

Answer and explanation?Answer and explanation? 28) An analyst seeks to determine the value of

28) An analyst seeks to determine the value of Venture Industries. free cash flows for the firm will be $50 million in the upcoming year (year 1) and will grow at 10% annually for each of the two following years (years 2 and 3). The free cash flows will grow at a rate of 4% after year 3, what is the value of the firm (in millions of $) for Venture at a WACC of 12%? A. 787 B. 691 C. 952 D. 659 After careful research, the analyst believes that

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