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A firm has a FCFF of $50 million and the cash flow grows at the rate of 10% for 5 years and stabilizes at the

A firm has a FCFF of $50 million and the cash flow grows at the rate of 10% for 5 years and stabilizes at the rate of 6% forever thereafter. The firm has a net debt of $120 million and outstanding shares of 10 million If the WACC is 11%.

What is the value of this stock using the FCFF model?

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