As of January 4th 2023, Apple's equity value (market capitalization) is approximately $2,079 billion. Apple has $120 billion of total debt and $48 billion in cash and cash equivalents.

What is Apple's enterprise value? Answer in billion dollars, rounded to a whole number (e.g., $1,528.43 billion = 1528).

A company is projected to generate revenues of $250 million, $290 million and $320 million over the next three years. After that, the company's free cash flow is expected to grow at a stable 2% annual rate in perpetuity.

Given the information below, how much is each share worth today? Round to one decimal place.

Forecasted operating margin: 35%

Forecasted tax rate: 20%

Forecasted reinvestment rate: 25%

Cost of capital: 10%

Debt: $300 million

Cash: $80 million

Shares outstanding: 25 million