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Suppose the risk-free rate is 3.61% and an analyst assumes a market risk premium of 7.61%. Firm A just paid a dividend of $1.41 per

Suppose the risk-free rate is 3.61% and an analyst assumes a market risk premium of 7.61%. Firm A just paid a dividend of $1.41 per share. The analyst estimates the of Firm A to be 1.49 and estimates the dividend growth rate to be 4.35% forever. Firm A has 250.00 million shares outstanding. Firm B just paid a dividend of $1.97 per share. The analyst estimates the of Firm B to be 0.73 and believes that dividends will grow at 2.16% forever. Firm B has 186.00 million shares outstanding. What is the value of Firm A?

Answer format: Currency: Round to: 2 decimal places.

not sure if I'm doing the process right. thanks

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