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616 Suppose the risk-free rate is 2 53% and an analyst assumes a market risk premium of 6 85% Firm A just paid a dividend

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616 Suppose the risk-free rate is 2 53% and an analyst assumes a market risk premium of 6 85% Firm A just paid a dividend of $1.04 per share. The analyst estimates the of Firm A to be 136 and estimates the dividend growth rate to be 4.03% forever Firm A has 277.00 million shares outstanding Firm Bjust paid a dividend of $1.67 per share. The analyst estimates the of Firm B to be 0.71 and believes that dividends will grow at 2.93% forever. Firm Bhas 188.00 million shares outstanding What is the value of Fim A? Submit Answer format: Currency Round to 2 decimas places

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