What is the firm value of operations

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Suppose Mature No Dividends Corporation's free cash flow during the just-ended (t = 0) year was $175 million, and FCF is expected to grow at a constant rate of 7% in the future. If the weighted average cost of capital is 16%, what is the firm's value of operations, in millions? answer should be rounded to two decimal places

Reference no: EM132538986

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