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please explain answer in vivid details PLEASE Suppose the risk-free rate is 1.49% and an analyst assumes a market risk premium of 7.78%. Firm A

please explain answer in vivid details PLEASE

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Suppose the risk-free rate is 1.49% and an analyst assumes a market risk premium of 7.78%. Firm A just paid a dividend of $1.03 per share. The analyst estimates the of Firm A to be 1.39 and estimates the dividend growth rate to be 4.41% forever. Fimm A has 287.00 million shares outstanding. Firm B just paid a dividend of $1.93 per share. The analyst estimates the of Firm B to be 0.80 and believes that dividends will grow at 2.12% forever. Firm B has 196.00 million shares outstanding. What is the value of Firm A? Submit Answer format: Currency: Round to: 2 decimal places

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