Year FCFF 548 Million 499 Million 581 Million The estimated

Year FCFF $548 Million $499 Million $581 Million The estimated free cash flow to firm X over the next 3 years is shown in this chart. The FCFF is expected to continue to remain constant, indefinitely, after year 3. What is the value of the firm if the company\'s weighted average cost of capital is 12%? Round your answer to 2 decimal places

the value of the firm

=548/(1+12%)^1+499/(1+12%)^2+(581/(12%-0%))/(1+12%)^2