What is the firm value of operations

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Suppose Yon Sun Corporation's free cash flow during the just-ended year (t = 0) was $110 million, and FCF is expected to grow at a constant rate of 5% in the future. If the weighted average cost of capital is 15%, what is the firm's value of operations, in millions?

A) $1155

B) $998

C) $1,050

D) $1,103

E) $1,158

Reference no: EM131622025

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