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ABC Corporation's free cash flow to equity (FCFE) this year (t = 0) is $17.6 million, and it is expected to stay the same forever.
ABC Corporation's free cash flow to equity (FCFE) this year (t = 0) is $17.6 million, and it is expected to stay the same forever. Its cost of equity and weighted cost of capital are 11.8% and 9.8%, respectively. It has 30.0 million debt. What is the equity value of ABC in million
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