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Question 7 3 pts The Smith Company has FCFE of $950. FCFE is expected to grow by 7% next year. The cost of equity is

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Question 7 3 pts The Smith Company has FCFE of $950. FCFE is expected to grow by 7% next year. The cost of equity is 10% and the WACC is 7.5%. The level of debt is $4000. The number of shares outstanding is 700. Calculate the intrinsic value, (firm's share price). Please show your work. Edit View Insert Format Tools Table v 12pt Paragraph 1

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