Corporation s free cash flow during the just ended year (t = 0) was $150 million, and its FCF is expected to grow at a constant rate of 5.0% in the future. If the weighted average cost of capital is 12.5%, what is the firm s value of operations, in millions?

Corporation s free cash flow during the just ended year (t = 0) was $150 million, and its FCF is expected to grow at a constant rate of 5.0% in the future. If the weighted average cost of capital is 12.5%, what is the firm s value of operations, in millions?
$1,895
$1,995
$2,100
$2,205
$2,315






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