Question: Assume the following free cash flows for Elle Inc. for Year 7 and forecasted FCFF for Year 8 onward ( in millions ) :
Assume the following free cash flows for Elle Inc. for Year and forecasted FCFF for Year onward in millions:
table$ millionsCurrent Year Forecast Horizon,Terminal YearYear Year Year Free cash flows to the firm FCFF$$$$$$
The DCF value of the firm using the FCFF information above, a discount rate of and an expected terminal growth rate of is:
Select one:
a $ million
b None of these are correct
c $ million
d $ million
e $ million
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