A company generated free cash flow of $41 million during the past year. Free cash flow is expected to increase 4% over the next year and then at a stable 2.7% rate in perpetuity thereafter. The company's cost of capital is 10.7%. The company has $443 million in debt, $34 million of cash, and 31 million shares outstanding. What's the value of each share? a. 5.9 b.4.0 C. 8.8 d. 37.2 e. 29.7