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Suppose the risk-free rate is 2.21% and an analyst assumes a market risk premium of 7.88% Firm A just paid a dividend of $1.43 per

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Suppose the risk-free rate is 2.21% and an analyst assumes a market risk premium of 7.88% Firm A just paid a dividend of $1.43 per share. The analyst estimates the of Firm A to be 1.37 and estimates the dividend growth rate to be 4.88% forever. Firm A has 287.00 million shares outstanding. Firm B just paid a dividend of $1.78 per share. The analyst estimates the B of Firm B to be 0.72 and believes that dividends will grow at 2.85% forever. Firm B has 200.00 milion shares outstanding. What is the value of Firm B? Submit Answer format: Currency: Round to: 2 decimal places

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