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10. How much is each share of the following company worth using the DCF method? Free cash flow is forecasted to be $63 million per

10. How much is each share of the following company worth using the DCF method? Free cash flow is forecasted to be $63 million per year for the next three years, expected to grow at a steady rate in perpetuity thereafter. Cost of capital is 10.9%. The company has $52 million of debt and $12 million in cash. There are 15 million shares outstanding. The average EV/FCFF multiple of comparable companies is 6.1.

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