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8. XYZ Corp. had FCF of $100 million last year, which is not expected to grow in the future. The market value of the company's

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8. XYZ Corp. had FCF of $100 million last year, which is not expected to grow in the future. The market value of the company's debt is $600 million, and the MV of preferred stock is $150 million. What is the intrinsic value per share if XYZ has 12 million shares outstanding and its WACC is 9\%? (2.5)

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