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Suppose the risk-free rate is 2.23% and an analyst assumes a market risk premium of 5.27%. Firm A just paid a dividend of $1.19 per

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Suppose the risk-free rate is 2.23% and an analyst assumes a market risk premium of 5.27%. Firm A just paid a dividend of $1.19 per share. The analyst estimates the 3 of Firm A to be 1.23 and estimates the dividend growth rate to be 4.16% forever. Firm A has 275.00 million shares outstanding. Firm B just paid a dividend of $1.58 per share. The analyst estimates the B of Firm B to be 0.88 and believes that dividends will grow at 2.89% forever. Firm B has 193.00 million shares outstanding. What is the value of Firm A? Submit Answer format: Currency: Round to: 2 decimal places

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