Question: Question 4 (10 points) Apple (Ticker: AAPL) recently reported free cash flow of $3,250,000. The firm's weighted average cost of capital is 12%, and AAPL
Question 4 (10 points) Apple (Ticker: AAPL) recently reported free cash flow of $3,250,000. The firm's weighted average cost of capital is 12%, and AAPL expects free cash flow to grow by 10% indefinitely. What is the predicted value of the firm in three years? Please use three decimals in your calculations (like the example problems), and please round your final answer to two decimal places. For example, your answers should be entered as 8.00%, 5.67%, $45.00, $45.88, etc
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