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Suppose Yon Su Corporation's free cash flow during the just-ended year (t=0) was $95.3million and FCF is expected to grow at a constant rate of
Suppose Yon Su Corporation's free cash flow during the just-ended year (t=0) was $95.3million and FCF is expected to grow at a constant rate of 2% in the future. If the weighted average cost of capital is 16% and the firm has 120 million debt, what is the firm's EQUITY VALUE, IN MILLIONS?
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