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In the year ended December 3 1 , 2 0 2 1 , CVS Corp delivered a free cash flow to firm of $ 1

In the year ended December 31,2021, CVS Corp delivered a free cash flow to firm of $1,000,000. This free cash flow to firm is expected to grow forever at a rate equal to the 4%. CVS has a cost of equity of 18% and WACC of 14%. The company owes $4,000,000 to its creditors. The company's tax rate is 40%. Calculate the firm's equity value using the constant growth model.Group of answer choicesA. $6,000,000 B. $6,400,000 C. $10,000,000 D. $10,400,000

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