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Suppose Mary and Bill Corporation's free cash flow last year was $104,009, and FCF is expected to grow at a constant rate of 4.06%. The
Suppose Mary and Bill Corporation's free cash flow last year was $104,009, and FCF is expected to grow at a constant rate of 4.06%. The company has $43,879 of excess cash (NOA). The company's weighted average cost of capital is 12.00%. What is the value of the firm?
Round the answer to two decimals.
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