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29. Suppose the risk-free rate is 1.85% and an analyst assumes a market risk premium of 5.31%. Firm A just paid a dividend of $1.47

29. Suppose the risk-free rate is 1.85% and an analyst assumes a market risk premium of 5.31%. Firm A just paid a dividend of $1.47 per share. The analyst estimates the of Firm A to be 1.49 and estimates the dividend growth rate to be 4.87% forever. Firm A has 276.00 million shares outstanding. Firm B just paid a dividend of $1.92 per share. The analyst estimates the of Firm B to be 0.71 and believes that dividends will grow at 2.25% forever. Firm B has 187.00 million shares outstanding. What is the value of Firm A?

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