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Suppose the next five forecasted FCFEs are $250, $361, $420, $465, and $492. After that, FCFE is expected to grow at 3% into perpetuity. If

Suppose the next five forecasted FCFEs are $250, $361, $420, $465, and $492. After that, FCFE is expected to grow at 3% into perpetuity. If the cost of equity capital is 12%, what is the intrinsic value of the firms equity?

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