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Your firm has 500,000 shares of common stock outstanding. Your firm also has $7,000,000 in debt outstanding. Free cash flow for the year just ending

Your firm has 500,000 shares of common stock outstanding. Your firm also has $7,000,000 in debt outstanding. Free cash flow for the year just ending (t=0) is $1,750,000, which is expected to grow at a constant rate of 5.0 percent forever. Determine how much this stock is theoretically worth if the WACC is 10.0 percent

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