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x Y Z Corporation is considering acquiring ABC Company. x Y Z estimates that the acquisition will generate additional free cash flows of 1 .

xYZ Corporation is considering acquiring ABC Company. xYZ estimates that the acquisition will generate additional free cash flows of 1.2 million dollars per year, in perpetuity. XYZ Corporation's cost of capital is 10%. If ABC Company is currently valued at $50 million, what is the maximum price xYZ Corporation should be willing to pay for ABC Company to ensure the acquisition is value-accretive? (If your answer is $40.51 million, write 40.51)
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