Free cash flow is expected to grow at a constant rate of 4
MARNY, INC. forecasts free cash flow of -$5M in year 1 and $2M in year 2. Free cash flow is expected to grow at a constant rate of 4% after year 2. The company's weighted average cost of capital is 10%. Calculate the Year 0 value of operations.
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Free cash flow is expected to grow at a constant rate of 4% after year 2. The company's weighted average cost of capital is 10%. Calculate the Year 0 value of operations.
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