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Suppose you have estimated the free cash flows to the firm over the next 5 years in the following way: You expect FCFF continue to
Suppose you have estimated the free cash flows to the firm over the next 5 years in the following way: You expect FCFF continue to grow at a constant rate of 3% per year, indefinitely, after year 5. If the companys weighted average cost of capital is 12%, then what is the value of the firm
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