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A debt-free company with $1,175 in cash has 49 shares outstanding. The company generates $52 in Free Cash Flows per year. The management team is

A debt-free company with $1,175 in cash has 49 shares outstanding. The company generates $52 in Free Cash Flows per year. The management team is planning on using the company's cash to invest in a new project that will increase the Free Cash Flows by 14%. If the company's WACC is 9%, what is the expected share price?

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