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United Airlines Holdings forecasts a negative free cash flow for the coming year, FCF1=-$21.60 million,...

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Finance

United Airlines Holdings forecasts a negative free cash flow for the coming year, FCF1=-$21.60 million, but it expects positive numbers thereafter, with FCF2= $67.50 million. After Year 2, FCF is expected to grow at a constant rate of 6.30% forever. If the weighted average cost of capital (WACC) is 21.75%, what is the firm's total corporate value, in millions? Round intermediate calculations to at least four decimal places.
$250.35
$297.48
$322.53
$341.10

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