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EMC Corporation's current free cash flow of $ 4 5 0 , 0 0 0 and is expected to grow at a constant rate of

EMC Corporation's current free cash flow of $

450, 000

and is expected to grow at a constant rate of

5.5 % .

The weighted average cost of capital is WACC

= 14 % .

Calculate EMC's estimated value of operations. Do not round intermediate calculations. Round your answer to the nearest dollar. The answer is not

5580000

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