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a) Giggle Inc. had a FCFE of $246M last year and has 123M shares outstanding. The company's WACC is 9% and required return on equity

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a) Giggle Inc. had a FCFE of $246M last year and has 123M shares outstanding. The company's WACC is 9% and required return on equity is 10% per year. If the FCFE is expected to grow at 8% forever, what is the intrinsic value of Giggle's shares

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