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Suppose the risk-free rate is 1.20% and an analyst assumes a market risk premium of 5.21%. Firm A just paid a dividend of $1.31 per

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Suppose the risk-free rate is 1.20% and an analyst assumes a market risk premium of 5.21%. Firm A just paid a dividend of $1.31 per share. The analyst estimates the of Firm A to be 1.28 and estimates the dividend growth rate to be 4.26% forever. Firm A has 284.00 million shares outstanding. Firm B just paid a dividend of $1.56 per share. The analyst estimates the of Firm B to be 0.74 and believes that dividends will grow at 2.75% forever. Firm B has 183.00 million shares outstanding. What is the value of Firm A? Submit Answer format: Currency: Round to: 2 decimal places

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