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Suppose the risk-free rate is 1.24% and an analyst assumes a market risk premium of 7.30%. Firm A just paid a dividend of $1.44 per

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Suppose the risk-free rate is 1.24% and an analyst assumes a market risk premium of 7.30%. Firm A just paid a dividend of $1.44 per share. The analyst estimates the 3 of Firm A to be 1.37 and estimates the dividend growth rate to be 4.19% forever. Firm A has 282.00 million shares outstanding. Firm B just paid a dividend of $1.96 per share. The analyst estimates the of Firm B to be 0.87 and believes that dividends will grow at 2.49% forever. Firm B has 189.00 million shares outstanding. What is the value of Firm B? Submit Answer format: Currency: Round to: 2 decimal places

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