Question: Please use excel formula and show work Labrador technologies Inc. develops and sells apps for smartphones and tablets. Since the firm plans to become public
Please use excel formula and show work

Labrador technologies Inc. develops and sells apps for smartphones and tablets. Since the firm plans to become public soon, the board of directors have asked for your help. The firm has $2,816,346 in preferred equity and the market value of its outstanding debt equals $2,787,426. The WACC for this firm is estimated to be 6.21%. Management's forecast of FCFS is shown below; year 1 represents one year from today and so on. The company expects to grow at a 2% rate after Year 5. In today's dollars, What is the terminal value of this company? Round your answer to the nearest penny and enter it in the box below. PeriodFree Cash Flow Year 1$849,184 Year 2$1,058,546 Year 3$2,169,859 Year 4$2,785,473 Year 5$2,256,910 Answer: 40,458,080 margin of error +/-0.5
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