3. Petra drug store had a net income of JD 20 million for the past year. The depreciation expense was JD 6 million and capital spending totaled to ID 3 million. The free cash flow is projected to grow at a 2 percent for the near future. Petra pays a 30 per cent tax rate and has a 0.60 debt-to-equity ratio with JD 30 million in debt outstanding. Petra reported equity beta is 1.6, the risk-free rate is currently 6 per cent and the market risk premium is estimated to be 8.5 percent. Petra has 10 million shares of common stock outstanding. How much is a share of Petra worth today? (6 Points) Enter your