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A firm forecasts that its free cash flow to the firm (FCFF) in 2023 will be 125m and that every year after free cash

A firm forecasts that its free cash flow to the firm (FCFF) in 2023 will be 125m and that every year after free cash flow will grow at a constant rate of 5% per annum. If the firm's pre-tax weighted average cost of capital is 14% and the firm has 400m debt, the market value of the equity in the firm in 2022 is ?

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