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1. Zero had an FCFE of $5.0M last year and has 2.5M shares outstanding. Zero's required return on equity is 12%, and WACC is 8.2%.
1. Zero had an FCFE of $5.0M last year and has 2.5M shares outstanding. Zero's required return on equity is 12%, and WACC is 8.2%. If FCFE is expected to grow at 8% forever, the intrinsic value of Zero's shares is
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