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Question 3 5 pts Dr. Who & Company's free cash flow to equity for next year is expected to be FCFE;= $2.20 million. The company's

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Question 3 5 pts Dr. Who & Company's free cash flow to equity for next year is expected to be FCFE;= $2.20 million. The company's weighted average cost of capital is WACC = 9.1%, its cost of equity is re- 12.4%, and the steady-state growth rate in FCFE is g = 4.0%. What is the current market capitalization of the company (it is in a steady-state)? $26.19 million $21.71 million $32.40 million $19.85 million

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