Question: Given the following data: FCF 1 = $ 5 0 million; FCF 2 = $ 6 0 million; free cash flow grows at a rate

Given the following data:
FCF1= $50 million; FCF2= $60 million; free cash flow grows at a rate of 4% for year 3 and beyond. If the weighted average cost of capital is 12%, calculate the value of the firm.
Group of answer choices
$884.00 million
$714.29 million
$624.00 million
$553.61 million

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