Question: Misra Inc. forecasts a free cash flow of $55 million in Year 3, i.e., at t = 4, and it expects FCF to grow at

Misra Inc. forecasts a free cash flow of $55 million in

Misra Inc. forecasts a free cash flow of $55 million in Year 3, i.e., at t = 4, and it expects FCF to grow at a constant rate of 5.0% thereafter. If the weighted average cost of capital (WACC) is 10.0%, what is the horizon, or continuing, value in millions at t=4? a. $1,083 Ob.$1,155 OC $1,186 Od. $1,212 Ce. 51,289

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