Question
Verizon Communications Inc. had $13.44 billion in FCFF in the most recent year. If the firm's expected growth rate is 5%, its WACC is 10%
Verizon Communications Inc. had $13.44 billion in FCFF in the most recent year. If the firm's expected growth rate is 5%, its WACC is 10% and the cost of equity is 13%, what is the value of Verizon?
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