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FinCorp s free cash flow to the firm is reported as $ 3 0 5 million. The firm s interest expense is $ 4 2
FinCorps free cash flow to the firm is reported as $ million. The firms interest expense is $ million. Assume the corporate tax rate is and the net debt of the firm increases by $ million.
What is the market value of equity if the FCFE is projected to grow at indefinitely and the cost of equity is
Note: Do not round intermediate calculations. Enter your answer in millions of dollars rounded to decimal places.
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