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. Proust Company has FCFF of $2 billion. Prousts cost of equity is 13%, and its WACC is 11%. FCFF is expected to grow forever

. Proust Company has FCFF of $2 billion. Prousts cost of equity is 13%, and its WACC is 11%. FCFF is expected to grow forever at 6%. The book value of debt outstanding is $16 billion. The market value of debt outstanding is $15 billion. The firm has 1 billion common shares outstanding. What is the fundamental value for each share of Proust Company?

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