Vasudevan Inc. forecasts the free cash flows (in millions) describe below. If the weighted average cost of capital is 13% and the free cash flows are expected to continue growing at the similar rate after Year 3 as from Year 2 to Year 3, what is the Year 0 value of operations, in millions?
Year: 1 2 3
Free cash flow: -$20 $42 $45
a. $586
b. $617
c. $648
d. $680
e. $714