#1 Suppose you can estimate the free cash flow for Hoosier Electronics for the next 3 years. You predict that FCF will be $40.00, $60.00, and $60.00 million respectively. After the third year, you believe that FCF's will grow forever at 5.00%. The firm's WACC is 12.00%. Currently, the book value of bonds is $180.00 million, the book value of notes payable is $56.00 million, and the book value of preferred stock is $41.00 million. If the firm has 25.00 million shares of common stock outstanding, what is the equity value per share. Submit Answer format: Currency: Round to: 2 decimal places