An analyst estimating the intrinsic value of the Rein Corporation stock estimates that its free cash flow at the end of the year (t = 1) will be $300 million. The analyst estimates that the firm's free cash flow will grow at a constant rate of 7% a year, and that the company's WACC is 11%. The company currently has debt and preferred stock totaling $500 million and 150 million outstanding shares of common stock. What is the intrinsic value (per share) of the company's stock? O a. $16.67 b. $25.00 c. $33.33 d. $50.00 e. $46.67