Wall inc. forecasts that it will have the free cash flows in millions shown below. If the weighted average cost of capital is 14% and the free cash flows are expected to continue growing at the same rate after year 3 as from year 2 to year 3, what is the year zero value of operations, in millions?
year 1 FCF= -20.00
Year 2 FCF= 48.00
Year 3 FCF= 54.00