#29 + Suppose the risk-free rate is 3.68% and an analyst assumes a market risk premium of 7.49%. Firm A just paid a dividend of $1.45 per share. The analyst estimates the ß of Firm A to be 1.41 and...

Extracted text: #29 + Suppose the risk-free rate is 3.68% and an analyst assumes a market risk premium of 7.49%. Firm A just paid a dividend of $1.45 per share. The analyst estimates the ß of Firm A to be 1.41 and estimates the dividend growth rate to be 4.86% forever. Firm A has 254.00 million shares outstanding. Firm B just paid a dividend of $1.89 per share. The analyst estimates the B of Firm B to be 0.73 and believes that dividends will grow at 2.81% forever. Firm B has 197.00 million shares outstanding. What is the value of Firm A? Submit Answer format: Currency: Round to: 2 decimal places. unanswered not_submitted Attempts Remaining: Infinity