Question: Please explain all work. Thank you! Use the information for the question(s) below. You expect DM Corporation to generate the following free cash flows over

Please explain all work. Thank you!

Use the information for the question(s) below. You expect DM Corporation to generate the following free cash flows over the next five years: Beginning with year six, you estimate that DM's free cash flows will grow at 6% per year and that DM's weighted average cost of capital is 15%. 1) Calculate the enterprise value for DM Corporation. (Make sure you write your detailed steps of calculations to get full credit) (20pt)

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