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Suppose the risk-free rate is 1.64% and an analyst assumes a market risk premium of 7.10%. Firm A just paid a dividend of $1.10 per

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Suppose the risk-free rate is 1.64% and an analyst assumes a market risk premium of 7.10\%. Firm A just paid a dividend of $1.10 per share. The analyst estimates the of Firm A to be 1.27 and estimates the dividend growth rate to be 4.40% forever. Firm A has 268.00 million shares outstanding. Firm B just paid a dividend of $1.59 per share. The analyst estimates the of Firm B to be 0.73 and believes that dividends will grow at 2.11% forever. Firm B has 181.00 million shares outstanding. What is the value of Firm B? Answer format: Currency: Round to: 2 decimal places

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