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Praxis Corp. Is expected to generate a free cash flow (FCF) of $380.00 million this year, (FCF, =5380.00 million), and the FCF is expected to

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Praxis Corp. Is expected to generate a free cash flow (FCF) of $380.00 million this year, (FCF, =5380.00 million), and the FCF is expected to grow at a rate of 19.00% over the following two years (FCF, and FCF.). After the third year, however, the FCF is expected to grow at a constant rate of 2 .10\%e per veac, which wiil last forever (FCF). Assume the firm has no nonoperating assets. 1f Praxis Corp.'s weighted average cost af capital (WACC) is 5.30\%, what is the current total firm value of Praxis Corp.? (Note: Round al intermediate calculatlons to two decimal piaces.) $14,515,63m ition $14,287.10 milien $12,096,36 mition $1,205.67 million Pravis Corpi's debt has a market value of 19,072 million, and Pravis Corp. has no prefened stock. If Praxis Corp. has 675 milion thaces of common stock outstanding, what is Praxas Corp.is estimated intrinsic value per share of common stock? (Note: Rownd all intermediate calculations to two decmul places.) 5).4i! $13.44 14.93 54.48

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