at is correct or incorrect for the work you have completed so far. It does not indicate completic FinCorp's free cash flow to the firm is reported as $250 million. The firm's interest expense is $31 million. Assume the corporate tax rate is 21% and the net debt of the firm increases by $6 million. What is the market value of equity if the FCFE is projected to grow at 3% indefinitely and the cost of equity is 12%? (Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Market value of equity 2,572.33 x Retu