Question: Question 2 2 pts Kedia Inc. forecasts a negative free cash flow for the coming year, FCF = -$10 million, but it expects positive
Question 2 2 pts Kedia Inc. forecasts a negative free cash flow for the coming year, FCF = -$10 million, but it expects positive numbers thereafter, with FCF2 = $11 million. After Year 2, FCF is expected to grow at a constant rate of 4% forever. Assume the firm has zero non-operating assets. If the weighted average cost of capital is 14.0%, what is the firm's total corporate value, in millions? Do not round intermediate calculations. $101.55 $83.33 $96.71 $87.72 $92.11
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