A company is expecting to generate $3 million , $10 million and $15 million in free cash flows in the next three years. After 3 years, the company is expecting its free cash flows to grow at a constant 5% per year forever. The firm has $40 million total in debt and preferred stock and has 10 million shares of common stocks outstanding. If the firm's WACC (weighted average cost of capital) is 10%, what is its intrinsic value per share?

Answers:$15.93

$21.89

$18.27

$27.35