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According to the value - based management model, what is the stock price per share given the following data? Year 1 : Revenue: 8 6

According to the value-based management model, what is the stock price per share given the following data?
Year 1:
Revenue: 860
Fixed Costs: 90
Variable costs: 280
Additional investments in NWC: 3
Additional investments in operating long-term assets: 80
Depreciation: 75
Corporate tax rate: 0.40
WACC ?COMP:0.15
Growth rate per year:
From year 1 through year 5: 0.10
After year 5: 0.05
Market value:
Non-operating short-term assets: 50
Non-operating long-term assets: 100
Market value:
Short-term debt: 50
Long-term debt: 700
Common Stock:
Market price per share: 15
Number of shares: 100
Select one:
a. $25.23
b. $22.03
c. $31.21
d. $28.23
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