Question: Red Dirt Enterprises is projecting the following future cash flows: $250,000 next year, $285,000 the following year, and $342,000 in the year after that. At

Red Dirt Enterprises is projecting the following future cash flows: $250,000 next year, $285,000 the following year, and $342,000 in the year after that. At that point, free cash flow growth is expected to settle down to a more stable 2.5% annual growth. If their WACC is 15%, what is the value of operations for the firm?

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