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A Corporation plans to issue equity to raise $78748391 to finance a new investment. After making the investment, the firm expects to earn free cash

A Corporation plans to issue equity to raise $78748391 to finance a new investment. After making the investment, the firm expects to earn free cash flows of $11003240 each year. The firm currently has 6782201 shares outstanding, and it has no other assets or opportunities. Suppose the appropriate discount rate for the firm future free cash flows is 7.96%, and the only capital market imperfections are corporate taxes and financial distress costs. What is the firm's share price today?

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