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A firm's FCFF is R21.7. The firm's FCFF is expected to grow at 14.8 % for two years and then grow at a constant annual
A firm's FCFF is R21.7. The firm's FCFF is expected to grow at 14.8 % for two years and then grow at a constant annual rate of 8.9 % thereafter. If the tax rate is 35%' and the firm's WACC is 21%, determine the value of the firm
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