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The manager of BXT Ltd has supplied you with the following information: - The company has $319.98 million debt outstanding - Preferred stock is $206

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The manager of BXT Ltd has supplied you with the following information: - The company has $319.98 million debt outstanding - Preferred stock is $206 million - The company is running its operation for 11 years - Now the company has a sustainable growth rate of 2.48 percent - The FCFF for BXT in the current year is $117.67 million - The cost of equity for BXT is 14.24 percent - Its WACC is now 10.49 percent Find the value of equity for BXT Ltd. (Write answer in million \$. rounded to two decimal places. For example, if your answer is $1.234m, write 1.23 : only)

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