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ABC Inc. is 30% debt financed, and the debt has a yield to maturity of 6%. ABCs stock has a beta of .75. Assume risk

ABC Inc. is 30% debt financed, and the debt has a yield to maturity of 6%. ABCs stock has a beta of .75. Assume risk free rates are at 2.5% , that the expected market premium is 7%, and the corporate tax rate is 21%. If ABC has free cash flows of $30,000,000 per year, growing at 5% forever, what is the value of the firms equity?

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