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Your junior analyst has prepared a cash flow forecast for Apple Inc. She forecasts free cash flow in Year 4 of $ 4 0 billion.
Your junior analyst has prepared a cash flow forecast for Apple Inc. She forecasts free cash flow in Year of $ billion. After Year the free cash flow will grow at a constant rate of in perpetuity. What is the value of Apples Equity at the beginning of Year The companys cost of capital is Additional information provided in the balance sheet
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