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Your firm just reported free cash flow of $800,000. The firm has a cost of capital of 10%, and free cash flow is expected to

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Your firm just reported free cash flow of $800,000. The firm has a cost of capital of 10%, and free cash flow is expected to grow by 8% indefinitely. What is the value of the firm today? Please use three decimals in your calculations (like the example problems), and please round your final answer to two decimal places. For example, your answers should be entered as 8.00%, 5.67%, $45.00, $45.88, etc

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