Hill McLaw's free cash flow will be $30 million next year and it will grow at a constant rate of 3 percent forever. The company will launch Project X in three years. It will require a $10 million investment and will increase the firm's free cash flow by a constant $9.2 million every year forever starting one year later (i. e. 4 years from now). Suppose the relevant discount rate is 9.9 percent. What is the Enterprise Value of Hill McLaw's

Question 3 options: ps.55 four corners is an ibc company that sells delicious navajo tacos in the crossroads food court. part of their success can be attributed to the freshly fried indian bread that is used not only for the tacos, but also for dessert items. as demand grows the fry-bread process is becoming a bottleneck. operations management for the company is looking at two different process options to replace the highly manual process currently being used. option 1 (medium automation) would cost $175 to implement whereas option 2 (high automation) would cost $350. with option 1 the variable cost per fry bread produced would be $0.20. the variable cost for option 2 would be $0.09 per fry bread. at what volume (demand) of fry breads is the cost for the two options the same? (display your answer to two decimal places.)