You have prepared a forecast of free cash flows for the xyz


You have prepared a forecast of free cash flows for the XYZ corporation. The forecasting window is 5 years. The FCF in year 5 is $22 million. If the growth rate is 3% and the cost of capital is 11% what is the terminal value in year 5?

Round your answer to two decimal places

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Financial Management: You have prepared a forecast of free cash flows for the xyz
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