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Question
A company's free cash flow was just FCF0 = $1.50 million. The weighted average cost of capital is WACC = 10.1%, and the constant growth rate is g = 4.0%. What is the current value of operations?a. $23.11 million
b. $23.70 million
c. $24.31 million
d. $24.93 million
e. $25.57 million
Answer
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