Answer Happy

Posted: **Wed Jul 06, 2022 6:41 pm**

: Crucial Enterprises Forecasts A Negative Free Cash Flow For The Coming Year Fcf 22 Million But It Expects Positive 1 (20.54 KiB) Viewed 42 times

: Crucial Enterprises Forecasts A Negative Free Cash Flow For The Coming Year Fcf 22 Million But It Expects Positive 2 (14.82 KiB) Viewed 42 times

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.

$459.46 $493.46 $347.47 $326.02 $258.52