Question: v Kedia Inc. forecasts a negative free cash flow for the coming year, FCF, - -$10 million, but it expects positive numbers thereafter, with FCF2
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Kedia Inc. forecasts a negative free cash flow for the coming year, FCF, - -$10 million, but it expects positive numbers thereafter, with FCF2 - $43 million. After Year 2, FCF is expected to grow at a constant rate of 4% forever. Assume the firm has zero non- operating assets. If the weighted average cost of capital is 14.0%, what is the firm's total corporate value, in millions? Do not round intermediate calculations, Time F Attempt 29 Mir O $426.49 $368.42 $386.84 $350.00 O $406.18
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