Calculate the value of resco operations

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Calculate the value of RESCO's operations if next year's free cash flow is expected to be $1 million, free cash flow is expected to grow at a constant rate of 3%, weighted average cost of capital is 9%. 1. $18,166,667 2. $16,666,667 3. $17,166,667 4. $12,111,111 5. none of the above

Reference no: EM13275576

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