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Use the Table for the Question(s)below

Question 68

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Use the table for the question(s) below.
Use the table for the question(s) below.    -General Industries is expected to generate the above free cash flows over the next five years,after which free cash flows are expected to grow at a rate of 3% per year.If the weighted average cost of capital is 8% and General Industries has cash of $10 million,debt of $40 million,and 80 million shares outstanding,what is General Industries' expected terminal enterprise value? A) $558.2 million B) $109.5 million C) $442.8 million D) $513.6 million E) $659.2 million
-General Industries is expected to generate the above free cash flows over the next five years,after which free cash flows are expected to grow at a rate of 3% per year.If the weighted average cost of capital is 8% and General Industries has cash of $10 million,debt of $40 million,and 80 million shares outstanding,what is General Industries' expected terminal enterprise value?


A) $558.2 million
B) $109.5 million
C) $442.8 million
D) $513.6 million
E) $659.2 million

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