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Suppose the risk - free rate is 2 . 8 5 % and an analyst assumes a market risk premium of 6 . 8 9

Suppose the risk-free rate is 2.85% and an analyst assumes a market risk premium of 6.89%. Firm A just paid a dividend of $1.42 per share. The analyst estimates the of Firm A to be 1.44 and estimates the dividend growth rate to be 4.60% forever. Firm A has 267.00 million shares outstanding. Firm B just paid a dividend of $1.98 per share. The analyst estimates the of Firm B to be 0.80 and believes that dividends will grow at 2.35% forever. Firm B has 192.00 million shares outstanding. What is the value of Firm A?
Answer format: Currency: Round to: 2 decimal places.
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