Ryan Enterprises forecasts the free cash flows (in millions) shown below. The weighted average cost of capital is 13.0%, and the FCFs are expected to continue growing at a 5.0% rate after Year 3. What is the firms total corporate value, in millions? Year 1 2 3
FCF - $15.0 $10.0 $60.0
choices are:
$675.02
$453.90
$692.48
$482.99
$581.92