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How to do this question? 9. A firm has an expected FCFE for the following year of 150 of which 30 come from holding securities

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9. A firm has an expected FCFE for the following year of 150 of which 30 come from holding securities with a market value of 700, the remainder comes from the firm's operating assets. Assume a cost of equity of 12% and a constant growth rate for the cash flows from operating assets of 5%. What is your estimate of the value of equity in the firm? Choose the closest number (unless you think it cannot be determined). a. 1500 b. 2143 c. 2164 d. 2358 UNSW. T1-2019. Lecturer: Pedro Barroso Page 5 e. It cannot be determined from the data

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