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Question 31 5 pts The free cash flow to the firm has been reported as $216 million. The pre-tax interest expense to the firm is
Question 31 5 pts The free cash flow to the firm has been reported as $216 million. The pre-tax interest expense to the firm is $26 million. If the tax rate is 28% and the net debt of the firm increased by $35 million, what is the approximate market value (in millions of dollars) of the firm's equity if the FCFE grows at 2.2% and the cost of equity is 15%
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