0 1 5 C. Universe Ltd. has following information in its financial statements. PUUR TUWS analysis). Year 2 3 EBIT ($) 39,886 36,890 37,013 74,263 86,887 Opening PPE ($) 37,521 39,389 40,603 41,392 41,905 Net Working Capital ($) 13,210 16,385 21,447 27,215 24,603 26,644 It will depreciate its fixed assets at 35% of opening balances in each year. Again, it will cost about $15,000 to buy the necessary equipment in each of the next five years. At the end of the fifth year, terminal value will be determined by EV/EBITDA exit multiple and currently industry exit multiple is 8x. Universe Ltd. has cash and debt of $1,39,550 and $30,000 respectively. The relevant tax rate is 25 percent, and the required return is 12 percent. If the company has 20,000 shares outstanding, then calculate its intrinsic value per share using Discounted Cash Flow method