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ABC is an all - equity firm that has existed for 1 0 years. The current financial managers plan to dissolve the firm in two
ABC is an allequity firm that has existed for years. The current financial managers plan to dissolve the firm in two years. The total cash flows the firm will generate, including the proceeds from liquidation, will be $ in the first year and $ the second year. At the present time, dividends at each date are setequal to the cash flows. There are shares outstandingAssuming a required return, what is the value of a share of stock today
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