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If a growth company ( A B C ) in the Food and Beverage industry has free cash flow to firm of ( $ 3,525

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If a growth company \\( A B C \\) in the Food and Beverage industry has free cash flow to firm of \\( \\$ 3,525 \\) for this year and the cash flows are projected to grow at \7.5 annual growth rate for 5 years as listed below. After that the firm is expected to grow at a steady growth rate of \3 per year. If the beta of the company now is 1.55 , the risk free rate is \2.5, the market risk premium is \8, and the company has a debt ratio of \30, total assets of \\( \\$ 150,000 \\) and a firm value of \\( \\$ 365,000 \\) with a cost of debt \\( (1-t) \\) of \6. Assume that the beta of the stable growth firm in the same industry is 1.2 and the average debt ratio is \70 in the food and beverage industry. Impute the fair firm value of \\( A B C \\) company now

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