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Abbey Naylor, CFA, has been directed to determine the value of Sundanci's stock using the Free Cash Flow to Equity (FCFE) model. Naylor believes that Sundanci's FCFE will grow at 27% for 2 years and 13% thereafter. Capital expenditures, depreciation, and working capital are all expected to increase proportionately with FCFE. <image 1> Calculate the amount of FCFE per share for the year 2011, using the data from above table. | $2.04 Difficulty: Hard Subfield: Financial Marketing |