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0 . Suppose the risk-free rate is 2.20% and analysts estimate that the market risk premium is 5.50%. Firm A just paid a dividend of
0 . Suppose the risk-free rate is 2.20% and analysts estimate that the market risk premium is 5.50%. Firm A just paid a dividend of $1.80 per share. The analyst estimates the of Firm A to be 1.22 and estimates the dividend growth rate to be 4.36% forever. If Firm A has 200,000 shares of common stock outstanding, what is the total market value of Firm A's equity (i.e., price per share times number of shares outstanding)? (Round your answer up to the nearest whole number (i.e., no decimal places); for example, enter 112,304.874 or 112,304,128 as 112305 )
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