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asap ans plz The Regina Wheat Company (RWC) has wheat fields that currently produce annual profits of $750,000. These fields are expected to produce average

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The Regina Wheat Company (RWC) has wheat fields that currently produce annual profits of $750,000. These fields are expected to produce average annuat profits of $750.000 in real terms, forever. RWC has no depreciable assets, so the annual cash flow is also $750,000. RWC is an all-equity firm with 320,000 shares outstanding. The appropriate discount rate for its stock is 15 percent. RWC has an investment opportunity with a gross PV of $2.5 milion. The investment requires a $1.8 million outflow now. RWC has no other investment opportunities. Assume all cash flows are recelved at the end of each year. What is the price per share of RWC? (Do not round intermediate calculations. Round the answer to 2 decimal places. Omit $ sign in your response.) Price $

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