A Company earned a net profit margin of 25% on revenues of $30 million this year. Fixed capital investment was $3 million, and depreciation was $4 million. Working capital investment equals 5% of sales every year. Net income, fixed capital investment, depreciation, interest expense, and sales are expected to grow at 10% per year for the next five years. After five years, the growth in sales, net income, fixed capital investment, depreciation, and interest expense will decrease to 5% per year. The tax rate is 20%, and the Company currently has half million shares of common stock outstanding and long-term debt paying 8% interest trading at its par value of $20 million.

Calculate the value of the firm and the price per share using the model if the WACC is 15% during the high-growth stage and 10% during the stable stage.