Question: Practice: Corporate Valuation Model Kent Bazemore Inc. forecasts a negative free cash flow for the coming year, FCF 1=$10 million, but it expects positive numbers
Practice: Corporate Valuation Model Kent Bazemore Inc. forecasts a negative free cash flow for the coming year, FCF 1=$10 million, but it expects positive numbers thereafter, with FCF2 =$25 million. After Year 2, FCF is expected to grow at a constant rate of 4% forever. If the weighted average cost of capital is 14.0%, what is the firm's total corporate value, in millions
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