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Assume that free cash flow to the firm is forecast to be $70,000 in 2011 and that it is expected to grow by 5% per
Assume that free cash flow to the firm is forecast to be $70,000 in 2011 and that it is expected to grow by 5% per year thereafter. The estimated intrinsic value per share is (12/31/07): Compute the book value of equity at the end of 2010
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