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QUESTION

A company's projected free cash flow for next year is $100,000, and FCF is expected to grow at a constant rate of 6%.

A company's projected free cash flow for next year is $100,000, and FCF is expected to grow at a constant rate of 6%. If the company’s weighted average cost of capital is 11%, what is the value of its operations? Use value of company formula using WACC.

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