A company is expected to have an EBIT of $1.9 million next year. Depreciation, the increase in net working capital, and capital spending are expected to be $0.165 million, $0.085 million, and $0.115 million, respectively. All are expected to grow at 18% per year for three years. The company currently has $13 million in debt and 0.8 million shares outstanding. After Year 4, the adjusted cash flow from assets is expected to grow at 3% indefinitely. The company's WACC is 8.5% and the tax rate is 35%.

	Year 1	Year 2	Year 3	Year 4
EBIT	1.9
Depreciation	0.165
Taxes (35%)
Change in NWC	0.085
Capital Spending	0.115
Cash flow from Assets
What is the firm value in Year 4?
What is the firm value now?
What is the value of equity?
What is the stock price per share?