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Wolowitz Fashion's free cash flow to the firm is reported as $215 million The firm's Interest expense is $24 million Assume the corporate tax rate

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Wolowitz Fashion's free cash flow to the firm is reported as $215 million The firm's Interest expense is $24 million Assume the corporate tax rate is 21% and the net debt of the firm increases by $5 million. What is the market value of equity if the FCFE IS projected to grow at 3% indefinitely and the cost of equity is 1247 (State your answer in millions of dollars and round your answer to 2 decimal places.) Market value of equity million

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