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The analyst estimated that required return of the firm is 13.5% and that free cash flow will grow at 4.2% per year after the forecast

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The analyst estimated that required return of the firm is 13.5% and that free cash flow will grow at 4.2% per year after the forecast period. Weighted average number of shares of the firm is 350 million. Based on the above information, calculate and complete the required information in the following table. If the market price of the share of ZIP is $93.81 per share, what will be your recommendation for an existing investor? ( 5+1=6 marks)

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