easy · Investment Banking

In a Discounted Cash Flow (DCF) model, a company has a Year 5 Free Cash Flow of $100 million. The WACC is 10% and the terminal growth rate is 3%.

Using the Perpetuity Growth Method, what is the Terminal Value at the end of Year 5?

  1. $1,428.6 million
  2. $1,471.4 million
  3. $3,333.3 million
  4. $1,000.0 million

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