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25 Suppose the risk-free rate is 3.18% and an analyst assumes a market risk premium of 6.91%. Firm Ajust paid a dividend of $1.44 per
25 Suppose the risk-free rate is 3.18% and an analyst assumes a market risk premium of 6.91%. Firm Ajust paid a dividend of $1.44 per share. The analyst estimates the of Firm A to be 1.24 and estimates the dividend growth rate to be 4.92% forever. Firm A has 254.00 million shares outstanding Firm B just paid a dividend of $1.71 per share. The analyst estimates the of Firm B to be 0.71 and believes that dividends will grow at 2.13% forever. Firm B has 186.00 million shares outstanding. What is the value of Firm B? Submit Answer formar: Currency. Round to: 2 decimal places
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