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The free cash flows to the firm ( FCFF ) today is equal to $ 7 0 0 and investors expect this to grow at

The free cash flows to the firm (FCFF) today is equal to $700 and investors expect this to grow at a constant growth rate of 5%. If the market value of the debt is $58, the cash holdings are equal to $37 and the cost of capital (WACC) is 13%, what is the market value of equity using the free cash flow valuation approach?

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