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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

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.

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