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Question 1 1 ( 1 point ) A firm's market - determined beta is 1 . 4 . Risk - free rate is 3 %

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A firm's market-determined beta is 1.4. Risk-free rate is 3% and market risk premium is 5%. After 5 years, the firm will grow at 5%. Firm's cash flow, after tax interest expenses, and changes in debt information are in the below table. Using Free Cash Flow to Equity (FCFE) method, what is the firm's equity value?
\table[[,Year 1,Year 2,Year 3],[Free Cash Flow in Million,$5,$6,$7
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