Use the Table for the Question(s)below

question 68

Multiple Choice

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

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