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A companys most recent free cash flow to equity was $110 and is expected to grow at 4% thereafter. The companys cost of equity is

A companys most recent free cash flow to equity was $110 and is expected to grow at 4% thereafter. The companys cost of equity is 11%. Its WACC is 7.60%. What is its current intrinsic value? Round your answer to the nearest dollar.

$

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Essentials of Corporate Finance

Essentials of Corporate Finance

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