Question: Question 33 (2 points) Enzio Electronic generated free cash flow of $88 million this year (year 0). For the next two years, the company's free

 Question 33 (2 points) Enzio Electronic generated free cash flow of

Question 33 (2 points) Enzio Electronic generated free cash flow of $88 million this year (year 0). For the next two years, the company's free cash flow is expected to grow at a rate of 7.0%. After that time, the company's free cash flow is expected to level off to the industry long-term growth rate of 3.0% per year. Suppose the weighted average cost of capital is 10.0% and Enzio Electronic has cash of $90 million, debt of $290 million, and 90 million shares outstanding. What is Enzio Electronic's expected free cash flow in year 2? Your Answer: Answer units

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