A company is forecasted to generate free cash flows of $40 million next year and $60 million the year after (t=2). After
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A company is forecasted to generate free cash flows of $40 million next year and $60 million the year after (t=2). After
company is forecasted to generate free cash flows of $40 million next year and $60 million the year after (t=2). After that, cash flows are projected to grow at a 2.0% annual rate in perpetuity. The company's cost of capital is 11%. What's its enterprise value today? Answer in $million, rounded to one decimal place (e.g., $12,611,988 = 12.6) Type your numeric answer and submit
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