**Value of Corporation **

MDX Corp. will maintain a permanent debt balance of $200. It will also generate free-cash-flows (FCF) of $150 one year from now. At the end of every year thereafter its FCF will increase by 3%. Assuming that MDX has a marginal tax rate of 21% and an unlevered cost of capital (ra) of 15%, What is the value of MDX Corp? Round your final answer to two decimals. Get **Finance homework help** today