What is the value of an all-equity firm

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What is the value of an all-equity firm (a) that has a dividend payout ratio of 100 percent, (b) that is expected to generate net income each year (forever) of $ 1 million, and (c) that has a required equity return? (also the ROE) of 16 percent The value of the all-equity firm is million. Round to two decimal places.)

Reference no: EM131563405

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