Question: I need simple solution ( with formulas and explanation) 17) Wall Inc. forecasts that it will have the free cash flows (in millions) shown below.
I need simple solution ( with formulas and explanation)
17) Wall Inc. forecasts that it will have the free cash flows (in millions) shown below. If the required rate of return is 14% and the free cash flows are expected to grow at 12.5% after Year 3, what is the Year 0 value of operations, in millions? $2,789 Year1(-20.00$) Year2(48.00$) Year3 (54.00$)
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