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9. Watson Dunn is planning to value BCC Corporation, a provider of a variety of industrial metals and minerals. Dunn uses a single-stage FCFF approach.

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9. Watson Dunn is planning to value BCC Corporation, a provider of a variety of industrial metals and minerals. Dunn uses a single-stage FCFF approach. The financial information Dunn has assembled for his valuation is as follows: The company has 1,852 million shares outstanding The market value of its debt is $3.192 billion The FCFF is currently 51.1559 billion The equity beta is 0.90, the equity risk premium is 5.5 percent, the risk tree rate is 5.5 percent The before-tax cost of debt is 70 percent The tax rate is 40 percent. To calculate WACC, he will assume the company is financed 25 percent with debt. The FCFF growth rate is 4 percent. Using Dunn's information calculate the following: A WACC B. Value of the firm C. Total market value of equity D. Value per share

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