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Suppose the risk-free rate is 3.86% and an analyst assumes a market risk premium of 7.43%. Firm A just paid a dividend of $1.07 per

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Suppose the risk-free rate is 3.86% and an analyst assumes a market risk premium of 7.43%. Firm A just paid a dividend of $1.07 per share. The analyst estimates the B of Firm A to be 1.21 and estimates the dividend growth rate to be 4.64% forever. Firm A has 260.00 million shares outstanding. Firm B just paid a dividend of $1.99 per share. The analyst estimates the 3 of Firm B to be 0.82 and believes that dividends will grow at 2.45% forever. Firm B has 185.00 million shares outstanding. What is the value of Firm B? Submit Answer format: Currency: Round to: 2 decimal places

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