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420 Suppose the risk-free rate is 1.09% and an analyst assumes a market risk premium of 6.94%. Firm A just paid a dividend of $1.19

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420 Suppose the risk-free rate is 1.09% and an analyst assumes a market risk premium of 6.94%. Firm A just paid a dividend of $1.19 per share. The analyst estimates the 3 of Firm A to be 1.29 and estimates the dividend growth rato to be 4.41% forever. Firm A has 281.00 million shares outstanding. Firm just paid a dividend of $1.98 per share. The analyst estimates the B of Firm B to be 0.77 and believes that dividendes will grow at 2.17% forever. Firm Bhas 181,00 million shares outstanding. What is the value of Firm A? Submit Answer format: Currency: Round to: 2 decimal places

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