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Suppose the risk-free rate is 3.32% and an analyst assumes a market risk premium of 5.67%. Firm A just paid a dividend of $1.06 per

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Suppose the risk-free rate is 3.32% and an analyst assumes a market risk premium of 5.67%. Firm A just paid a dividend of $1.06 per share. The analyst estimates the of Firm A to be 1.47 and estimates the dividend growth rate to be 4.74% forever. Firm A has 256.00 million shares outstanding. Firm B just paid a dividend of $1.55 per share. The analyst estimates the B of Firm B to be 0.89 and believes that dividends will grow at 2.86% forever. Firm B has 181.00 million shares outstanding. What is the value of Firm B? Submit Answer format: Currency: Round to: 2 decimal places

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