Question 2 (4 points) You are charged with the valuation of Neil Enterprises. The company recently reported free cash flow of $220 million. The company expects to grow at a rate of 10% for two more years before it settles into its long-term growth rate of 5%. What is the value of the corporation if its cost of capital is 8%? *For simplicity, solve in millions and round $ amounts to 2 decimal places. $8,440.12 million $8,029.20 million $7,672.84 million $7,848.43 million Previous Page Next Page Page 2 of 35