10) Use the table for the question below:

Canadian Mining is expected to generate the above free cash flows over the next four years, after which they are expected to grow at a rate of 5% per year. If the weighted average cost of capital is 12% and Conundrum has cash of $80 million, debt of $60 million, and 30 million shares outstanding, what is Canadian Minings expected current share price?

A) $10.84 B) $13.72 C) $16.16 D) $16.25 E) $17.15