Question: Question 6 4 pts 6. Tulip Inc. has forecasted that it's free cash flow three years from now, FCF3, will be $20 million. After three

Question 6 4 pts 6. Tulip Inc. has forecasted that it's free cash flow three years from now, FCF3, will be $20 million. After three years, free cash flow is expected to grow at a constant rate of 3%. The required return on common stock res, is 14.2% and the WACC is 11.80%. What is the present value of Tulip's horizon value, V3? O a. $123.5 million O b. $147.8 million O c. $167.5 million O d. $174.3 million O e. $234.09

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