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Finance Corporation's free cash flow is reported as $200 million. The firm's interest expense is $22 million. Assume the tax rate is 35% and the

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Finance Corporation's free cash flow is reported as $200 million. The firm's interest expense is $22 million. Assume the tax rate is 35% and the net debt of the firm increases by $3 million. What is the market value of equity if the free cash flow to equity (FCFE) is projected to grow at 3% indefinitely and the cost of equity is 10% ? $2965.71 million $2152.22 million $2125.22 million \$2695.71 milion

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