Crucial Enterprises forecasts a negative free cash flow for the coming year, FCF₁ = - $22 million, but it expects positi
Posted: Wed Jul 06, 2022 6:28 pm
Crucial Enterprises forecasts a negative free cash flow for the coming year, FCF₁ = - $22 million, but it expects positive numbers thereafter, with FCF2 = $85 million. After Year 2, FCF is expected to grow at a constant rate of 7.40% forever. If the weighted average cost of capital (WACC) is 25.90%, what is the firm's total corporate value, in millions? Round intermediate calculations to at least four decimal places. $347.47 $258.52 $326.02 $493.46 $459.46