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A firm has 1 2 8 , 0 0 0 shares of stock outstanding, a sustainable rate of growth of 3 . 9 % ,

A firm has 128,000 shares of stock outstanding, a sustainable rate of growth of 3.9%, and $696,200 in next year's free cash flow. What value would you place on a share of this firm's stock if you require a 15.6% rate of return?
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$46.49
$47.55
$54.06
$42.21
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