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XYZ has an expected Free Cash Flow of $134M next year and will remain the same in perpetuity. It has a WACC of 8%. The

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XYZ has an expected Free Cash Flow of $134M next year and will remain the same in perpetuity. It has a WACC of 8%. The Company has short term investment amounting to $98M. The Company has Preferred stock of $50M. Debt of $97M and 85M of common stock outstanding. What is the intrinsic value of its common stock? For example, if the answer is $12.53, enter 12.53

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