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Suppose the risk-free rate is 2.84% and an analyst assumes a market risk premium of 7.40%. Firm A just paid a dividend of $1.19 per

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Suppose the risk-free rate is 2.84% and an analyst assumes a market risk premium of 7.40%. Firm A just paid a dividend of $1.19 per share. The analyst estimates the B of Firm A to be 1.36 and estimates the dividend growth rate to be 4.14% forever. Firm A has 298.00 million shares outstanding, Firm B just paid a dividend of $1.72 per share. The analyst estimates the B of Firm B to be 0.77 and believes that dividends will grow at 2.19% forever. Firm B has 184.00 million shares outstanding. What is the value of Firm B? Submit Answer format: Currency: Round to: 2 decimal places

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