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A debt-free company with $1.575 in cash has 32 shares outstanding. The company generates $65 in Free Cash Flow per year. The management team is

A debt-free company with $1.575 in cash has 32 shares outstanding. The company generates $65 in Free Cash Flow 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 17%. If the company's WACC is 10%, what is the expected share price?

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