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ABC Corporation's free cash flow to equity (FCFE) this year (t = 0) is $19.1 million, and it is expected to stay the same forever.
ABC Corporation's free cash flow to equity (FCFE) this year (t = 0) is $19.1 million, and it is expected to stay the same forever. Its cost of equity and weighted cost of capital are 13.6% and 11.6%, respectively. It has 28.0 million debt. What is the equity value of ABC in million
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