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Portland Corporation is considering a valuation and submits the following information below. Net Income 90m Depreciation 15m Debt repayments 25m Capital expenditure 30m. In addition

Portland Corporation is considering a valuation and submits the following information below. Net Income 90m Depreciation 15m Debt repayments 25m Capital expenditure 30m. In addition g1 for the first 3 years is 13% G2 constant perpetual growth of 8% Cost of equity of 9% WACC is 13.5%. Calculate the value of the firm using the FCFF method and the two stage growth model

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