A stock has no dividends. Last periods FCFF is $5.05 and it has an estimated annual free cash flow growth rate of 7.9%. The company should maintain this growth rate for 3 more years before it decays to the estimated long term growth rate of 2.46%. The WACC for this stock is 6% and its current ROE is 10%. You also found out that the firm has debt per share of $8. What it the estimated intrinsic value using the multistage FCFF method?