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You are analyzing the firm Family Mart Co Ltd. The firm's fiscal year ended 30 September 2020, and you must estimate Family Mart Co Ltd's

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You are analyzing the firm Family Mart Co Ltd. The firm's fiscal year ended 30 September 2020, and you must estimate Family Mart Co Ltd's value as of 1 October. You have the following actual and forecast year-end free cash flows: FCFF(2019) 149000 FCFF(2020) 137000 FCFF(2021) 137000 FCFF(2022) 137000 FCFF(2023) 137000 In addition, you have estimated that the terminal growth rate should be 3%, the PE is 25, the beta is 1.23, the cost of equity is 12%, the after tax cost of debt is 7%, the weight of debt is 60%, and the risk-free rate is 2%. What is the estimated Free Cash Flow to the Firm (FCFF) value? Select one: O a. 1,029,601 O b. 1,823,121 O c. 1,313,273 O d. none of these are correct O e. 1,486,788

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