Anderson Corporation generated free-cash flows of $500,000 in the most recently completed year. Free cash flows are expected to grow by 8% next year, 6% in year two, and 5% in year three. In years 4 and beyond, FCF is expected to grow by 4% per year forever. If the firm's average cost of capital is 15 percent, the market value of the firm's debt is $600,000, the market value of its preferred stock is $100,000 and Anderson has a half million shares of stock outstanding, what is the value of Anderson's stock?

Group of answer choices

A. $8.66

B. $6.57

C. $7.43

D. $8.01