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AAA Co. is expected to have FCFF of $100 million in the upcoming year, and its net debt is valued at $700 million, The firm
AAA Co. is expected to have FCFF of $100 million in the upcoming year, and its net debt is valued at $700 million, The firm has 23 million shares outstanding. The FCFF is projected to grow by 4% indefinitely. The
market capitalization rate is 10% and the WACC is 8%. The intrinsic value of the stock is $
(Round your answer to 2 decimal places.)
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