Intrinsic value of the telstra share

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Telstra had a FCFE of $1.44b last year and has 3.6b shares outstanding. Telstra's required return on equity is 12% and WACC is 9.8%. If FCFE is expected to grow at 9% forever, the intrinsic value of the Telstra's share is closest to

Reference no: EM132634852

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