Calculate the value of kendras operations

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Kendra Enterprises has never paid a dividend. Free cash flow is projected to be $80,000 and $100,000 for the next 2 years, respectively; after the second year, FCF is expected to grow at a constant rate of 8%. The company’s weighted average cost of capital is 12%. Calculate the value of Kendra’s operations.

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Reference no: EM131050973

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