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Value of Operations: Constant FCF Growth EMC Corporation's current free cash flow of $550,000 and is expected to grow at a constant rate of 5.5%.

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Value of Operations: Constant FCF Growth EMC Corporation's current free cash flow of $550,000 and is expected to grow at a constant rate of 5.5%. The weighted average cost of capital is WACC = 10%. Calculate EMC's estimated value of operations. Do not round intermediate calculations. Round your answer to the nearest dollar

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