FIN500 FINAL EXAM (Chapters 10,11,12,14) Multiple Choice Identify the choice that best completes the statement or answers the question. Exhibit 10-1...

Suppose a company's most recent free cash flow (i.e., yesterday's free cash flow) was $100 million and is expected to grow at a constant rate of 5 percent. If the company's weighted average cost of capital is 15 percent, what is the current value of operations?Answer $1,050 million $1,500 million $1,000 million 913 million $2,000 million