Question: Please help. Need asap Knappa Valley Winery's (KVW) most recent FCFF is $4,500,000. KVW's target debtto-equity ratio is 0.25. The market value of the firm's

Please help. Need asap Please help. Need asap Knappa Valley Winery's (KVW) most recent FCFF is

Knappa Valley Winery's (KVW) most recent FCFF is $4,500,000. KVW's target debtto-equity ratio is 0.25. The market value of the firm's debt is $10 million and KVW has 2 million shares of common stock outstanding. The firm's tax rate is 35%, the shareholders require a return of 15% on their investment, the firm's before-tax cost of debt is 8%, and the expected long-term growth rate in FCFF is 6%. Calculate the value per share of the equity. $31.49$32.49$33.49$34.49 Page 10 of 20

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