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Scampini Technologies is expected to generate $17.97 million in free cash flow next year, and its FCF is expected to grow at a constant rate
Scampini Technologies is expected to generate $17.97 million in free cash flow next year, and its FCF is expected to grow at a constant rate of 4.4% per year indefinitely. Scampini has no debt or preferred stock, its WACC is 10.2%, and it has zero non operating assets. If Scampini has 29.3 million shares of stock outstanding, what is the market value of the firm? State your answer in millions of dollars.
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