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Elmar Industries reported FCF of $32 mil. last year. This cashflow is expected to grow at a rate of 2% for the foreseeable future. The

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Elmar Industries reported FCF of $32 mil. last year. This cashflow is expected to grow at a rate of 2% for the foreseeable future. The firm has $105 mil. of debt and $57 mil. in nonoperating assets. If the firm's WACC is 11%, what is the aggregate value of the firm's equity? Report your answer in millions of dollars rounded to two decimal places

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