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Consider a firm that will generate cash flows of $1M for each of the next 5 years. After that, the cash flows will grow at
"Consider a firm that will generate cash flows of $1M for each of the next 5 years. After that, the cash flows will grow at 4% per year forever. What is the value of the firm if the cost of capital is 14%?* $19.79M $13.98M -$1.77M $8.83M $12.45M
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