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Excel Online Structured Activity: Adjusted Present Value Schwarzentraub Industries' expected free cash flow for the year is $400,000; in the future, free cash flow is

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Excel Online Structured Activity: Adjusted Present Value Schwarzentraub Industries' expected free cash flow for the year is $400,000; in the future, free cash flow is expected to grow at a rate of 10%. The company currently has no debt, and its cost of equity is 14%. Its tax rate is 40%. (Hint: Use the equations mentioned below.) rdTD TSU9

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