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Suppose the risk-free rate is 3.33% and an analyst assumes a market risk premium of 6.87%. Firm Ajust paid a dividend of $1.28 per share.

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Suppose the risk-free rate is 3.33% and an analyst assumes a market risk premium of 6.87%. Firm Ajust paid a dividend of $1.28 per share. The analyst estimates the of Firm A to be 1.44 and estimates the dividend growth rate to be 4.01% forever. Firm A has 292.00 milion shares outstanding. Firm B just paid a dividend of $1.81 per share. The analyst estimates the of Firm B to be 0.89 and belleves that dividends will grow at 2.50% forever. Firm B has 180.00 million shares outstanding. What is the value of Firm A? Answer format: Currency: Round to: 2 decimal places

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