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Telstra had a FCFE of $1.44b last year and has 3.6b shares...

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:


A.$68.13

B.$26.35

C.$18.17

D.$14.53 

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