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A firm is expected to have no FCF for next year but in the following year, FCF is expected to equal $85 million and grow
A firm is expected to have no FCF for next year but in the following year, FCF is expected to equal $85 million and grow 2% thereafter. If the firm is comprised of 50% equity and debt and the WACC is 6%, what is the total value of all equity?
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