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Tin Roof's net cash flows for the next three years are projected at $72,000, $78,000, and $84,000, respectively. After that the cash flows are expected

Tin Roof's net cash flows for the next three years are projected at $72,000, $78,000, and $84,000, respectively. After that the cash flows are expected to increase by 4.2 percent annually. The aftertax cost of debt is 6.2 percent and the cost of equity is 11.4 percent. The value of the firm if it is financed with 60 percent debt and 40 percent equity is $ _____________. (Please specify your answer rounded to the nearest dollar)

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