Youngs free cash flow during the just-ended year t0 was 100


Young's free cash flow during the just-ended year (t=0) was $100 million, and FCF is expected to grow at a constant rate of 5% in the future. If the weighted average cost of capital is 15%, what is the value of the firm's operations?

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Financial Management: Youngs free cash flow during the just-ended year t0 was 100
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