Equality of rank for homology and cohomology groups via the universal coefficient theorem

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I'm having trouble understanding a passage from the proof of Corollary 3.37 in Hatcher's Algebraic Topology, namely the fact that the universal coefficient theorem implies $$ \mathrm{rank}\,H^k(M;\mathbb{Z}) = \mathrm{rank}\,H_k(M;\mathbb{Z}). $$

I've been looking for hints for a while, but I couldn't find what I need. The following attempt to a solution is what I eventually came up with, but I'm pretty sure there must be a much easier way to go.

Here goes: the UCT for cohomology allows me to say that $$ \mathrm{rank}\,H^k(M;\mathbb{Z}) = \mathrm{rank}\,\mathrm{Hom}(H_k(M;\mathbb{Z}),\mathbb{Z}) + \mathrm{rank}\,\mathrm{Ext}(H_{k-1}(M;\mathbb{Z}),\mathbb{Z}); $$

now, the group of homomorphisms from a f.g. abelian group to $ \mathbb{Z} $ is in turn a f.g. abelian group with the same rank, so that $$ \mathrm{rank}\,\mathrm{Hom}(H_k(M;\mathbb{Z}),\mathbb{Z}) = \mathrm{rank}\,H_k(M;\mathbb{Z}), $$

which leaves me with the issue of proving that $ \mathrm{rank}\,\mathrm{Ext}(H_{k-1}(M;\mathbb{Z}),\mathbb{Z}) = 0 $.

So far I've been unable to prove this last step.

Is my reasoning correct? Is there an easier way to go? Thank you in advance for your help.

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Every f.g. abelian group is the direct sum of finitely many finite cyclic groups and a f.g. torsion-free (hence free) abelian group. $\mathrm{Ext}_\mathbb{Z}^1 (-, \mathbb{Z})$ preserves finite direct sums, so it suffices to show that $\mathrm{Ext}_\mathbb{Z}^1 (M, \mathbb{Z})$ is a finite group if $M$ is a finite cyclic group.

In fact, for all positive integers $m$, $$\mathrm{Ext}_\mathbb{Z}^1 (\mathbb{Z} / m \mathbb{Z}, \mathbb{Z}) \cong \mathbb{Z} / m \mathbb{Z}$$ as may be verified by direct calculation. This proves the claim.