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Suppose the risk-free rate is 1.33 % and an analyst assumes a market risk premium of 5.64%. Firm A just paid a dividend of $1.35

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Suppose the risk-free rate is 1.33 % and an analyst assumes a market risk premium of 5.64%. Firm A just paid a dividend of $1.35 per share. The analyst estimates the 3 of Firm A to be 1.25 and estimates the dividend growth rate to be 4.57% forever. Firm A has 288,00 million shares outstanding. Firm B just paid a dividend of $1.60 per share. The analyst estimates the of Firm B to be 0.85 and believes that dividends will grow at 2.27% forever. Firm B has 187.00 million shares outstanding. What is the value of Firm A? Submit Answer format: Currency: Round to: 2 decimal places

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