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You are estimating the value of the equity of a company that just generated $35 million in FCF and these cash flows are expected to

You are estimating the value of the equity of a company that just generated $35 million in FCF and these cash flows are expected to grow 6% next year, 4% the year after and 2% in perpetuity. WACC is 9%. The firm has $320 million in debt outstanding, $130 million in preferred stock and $60 million of non-operating assets. There are 11 million shares outstanding. What is the estimated value per common share?

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