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Assume that todsy is December 31,2021 , and that the following information applies to Abner Airlines: - After-tax operating income [EBIT(1-T)] for 2022 is expected

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Assume that todsy is December 31,2021 , and that the following information applies to Abner Airlines: - After-tax operating income [EBIT(1-T)] for 2022 is expected to be 5400 million. - The depreciation expense for 2022 is expected to be $180 million. - The capital expend tures for 2022 are expected to be 5200 million. - No change is expected in net operating working capital. - The free cash fow is expected to grow at a constibnt rate of 3% per vear. - The required return on equity is 13%. - The WACC is 10%. - The firm has $190 million of nonoperating assets. . The market value of the company's debt is 54.541 billion. + 70 milion shares of stock bre ovtstanding. Using the corporate valuation model approbch, what should be the company's stock price today Do sot round irtermedsate calculabont. Round your ansuer to the niarat cent. 5

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