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Biossom Inc. management estimates that the company will generate after-tax free cash flows from the...

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Biossom Inc. management estimates that the company will generate after-tax free cash flows from the firm (FCFF) of \$9.3 million, $12.4 million and $14.6 million, respectively, over the next three years. After that. FCFF are expected to grow at a constant five percent per year forever. The company has $5 million in non-operational assets. If the appropriate WACC is 8 percent, what is the enterprise value of this business? (Do not round intermedlate calculations. Round answer to 2 decimal places, eg. 52.75) Enterprise value of Blossom ine. million

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