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You wish to value firm using the free cash flow to equity (FCFE) approach. After reviewing the financial statements, you calculated that the current FCFE
You wish to value firm using the free cash flow to equity (FCFE) approach. After reviewing the financial statements, you calculated that the current FCFE in year 0 is 1,258,205. You believe that the free cash flow will grow at a much higher growth rate of 10.54% over the next two years, and a constant growth rate of 3.98% thereafter. You also computed that the cost of equity for the firm is 12.26% and the weighted average cost of capital (WACC) is 10%. What is the intrinsic value of the company in two decimal places
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