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Suppose the risk-free rate is 2.82% and an analyst assumes a market risk premium of 5.69%. Firm A just paid a dividend of $1.21 per

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Suppose the risk-free rate is 2.82% and an analyst assumes a market risk premium of 5.69%. Firm A just paid a dividend of $1.21 per share. The analyst estimates the of Firm A to be 1.38 and estimates the dividend growth rate to be 4.68% forever. Firm A has 263.00 million shares outstanding. Firm B just paid a dividend of $1.85 per share. The analyst estimates the of Firm B to be 0.88 and believes that dividends will grow at 2.59% 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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