jenbritt incorporated had a free cash flow (fcf) of $74 million in 2019. the firm projects fcf of $270 million in 2020 and $620 million in 2021. fcf is expected to grow at a constant rate of 6% in 2022 and thereafter. the weighted average cost of capital is 10%. what is the current (i.e., beginning of 2020) value of operations? do not round intermediate calculations. enter your answer in millions. for example, an answer of $1 million should be entered as 1, not 1,000,000. round your answer to two decimal places.
