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The free cash flow to the firm has been reported as $245 million. The pre-tax interest expense to the firm is $26 million. If the
The free cash flow to the firm has been reported as $245 million. The pre-tax interest expense to the firm is $26 million. If the tax rate is 30% and the net debt of the firm increased by $37 million, what is the approximate market value (in millions of dollars) of the firm's equity if the FCFE grows at 3.1% and the cost of equity is 17%?
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