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XYC Inc. is comprised of 60% equity and 40% debt. The cost of equity is 10%, and the cost of debt is 7%.The companys Free
XYC Inc. is comprised of 60% equity and 40% debt. The cost of equity is 10%, and the cost of debt is 7%.The companys Free Cash Flow equals 15 million, and its tax rate is 25%. Pettit is a zero-growth stock. Whatis its current value (to the nearest million)?
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