I need the simplified formula/solution for the Forecasted FCF for 2025 for the following problem, please: Free cash flow valuation. Nabor Industries is considering going public but is unsure of a fair offering price for the company. Before hiring an investment banker to assist in making the public offering, managers at Nabor have decided to make their own estimate of the firms common stock value. The firms CFO has gathered data for performing the valuation using the free cash flow valuation model. The firms weighted average cost of capital is 11%, and it has $1,500,000 of debt and $400,000 of preferred stock in terms of market value. The estimated free cash flows over the next 5 years, 2020 through 2024, are given below. Beyond 2024 to infinity, the firm expects its free cash flow to grow by 3% annually. Estimate the value of Nabor Industries entire company by using the free cash flow valuation model. Weighted average cost of capital 11% Constant growth rate 3%

Year (t)	Free cash flow (FCFt)
2020	$200,000
2021	250,000
2022	310,000
2023	350,000
2024	390,000
2025	????