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In 10 years, a firm will have annual cash flows of $100 million. Thereafter, its cash...

In 10 years, a firm will have annual cash flows of $100 million. Thereafter, its cash flows will grow at the inflation rate of 3%. If the applicable interest rate is 8%, estimate its value if you will sell the firm in 10 years? What would this be worth today? Show your work.

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