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A company's weighted average cost of capital is 13.1% per year, its cost of equity is 14.9% per year, and the market value of its

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A company's weighted average cost of capital is 13.1% per year, its cost of equity is 14.9% per year, and the market value of its debt is $60.1 million. The company's free cash flow to equity. last year was $12.3 million and investors expect the free cash flow to grow forever at a rate of 6.7% per year. If the company has six million shares of common stock outstanding, what is the value per share? 1) $26.68 2) $22.64 3) $20.17 4) $18.00 5) $24.93

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