What is the expected year-end free cash flow

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A corporation has a weighted avg cost of capital of 10.25% and its value of operation is $57.50 million. Free cash flow is expected to grow at a constant rate at 6.00% per year. What is the expected year-end free cash flow, FCF, in millions? PLEASE SHOW WORK/STEPS

A. $2.20

B. $2.44

C. $2.69

D. $2.96

E. $3.45

Reference no: EM131088077

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