What is the equity value ofabc in million

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ABC Corporation's free cash ?ow to equity (FCFE) this year (t = 0) is $12.6 million, and it is expected to stay the same forever. Its cost of equity and weighted cost of capital are 12.9% and 10.9%, respectively. It has 20.0 million debt. What is the equity value ofABC in million?

Reference no: EM133002954

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