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You are given the following information for a firm: Free Cash Flow one period from today = $50 million Corporate Tax Rate = 40%

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You are given the following information for a firm: Free Cash Flow one period from today = $50 million Corporate Tax Rate = 40% Debt Equity Ratio Growth Rate of FCF Equity Beta 0.5 = 3% 1.2 Risk Free Rate = 2.3% Market Risk Premium = 6% Debt Outstanding = $50 M Using the above data, if there are 3 M shares outstanding, what is the value per share?

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