A companys weighted average cost of capital is 10% per year and the market value of its debt is $400 million. The companys free cash flow last year was $300 million and it is expected to grow 35% per year for the next three years. Thereafter, the free cash flow is expected to grow forever at a rate of 4% per year. If the company has one hundred fifty million shares of common stock outstanding, what is the value per share?

1) 84.70

2)121.96

3)101.64

4) 54.29

5)70.58