An analyst wants to estimate the intrinsic value of the SNGU Corporation stock. He has the following information: . the company's free cash flow this past year was $250 million. The analyst estimates that the free cash flow will grow at 10% for two years, and then will grow a steady 5% thereafter the company's weighted average cost of capital is 11 percent. . The company currently has debt and preferred stock totaling $100 million. There are 200 million outstanding shares of common stock. What is the intrinsic value (per share) of the company's stock? $10 million $250 million $4,690 million $23.95 $23.45