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A company is forecasted to generate free cash flows of $69 million for the next three years. After that, cash flows are projected to grow

A company is forecasted to generate free cash flows of $69 million for the next three years. After that, cash flows are projected to grow at a 2.7% annual rate in perpetuity. The company's cost of capital is 10.7%. The company has $62 million in debt, $11 million of cash, and 22 million shares outstanding. What's the value of each share?

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O a. 81.2 O . b. 23.2 O c. 60.5 O d. 35.1 e. 44.7

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