A firm's expected free cash flow is $$58$ million beginning in one year and continuing in perpetuity at a growth rate of $3\mathrm{.}5\%$ and a WACC of $11\mathrm{.}4\%.$ It has $85$ million shares outstanding. It also has bonds with a total market value of $$1\mathrm{.}2$ billion and holds $$875$ million in cash. What is its stock price according to the FCF Method?

A firm's expected free cash flow is $$58$ million beginning in one year and continuing in perpetuity at a growth rate of $3\mathrm{.}5\%$ and a WACC of $11\mathrm{.}4\%.$ It has $85$ million shares outstanding. It also has bonds with a total market value of $$1\mathrm{.}2$ billion and holds $$875$ million in cash. What is its stock price according to the FCF Method?

$$5\mathrm{.}12$

$$18\mathrm{.}92$

$$8\mathrm{.}64$

$$4\mathrm{.}81$