Forecasts the free cash flows

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Kale Inc. forecasts the free cash flows (in millions) shown below. If the weighted average cost of capital is 11.0% and FCF is expected to grow at a rate of 5.0% after Year 2, what is the firm's total corporate value, in millions?

Year 1 Free Cash Flow $-50

Year 2 Free cash flow $100

Reference no: EM131061039

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