Asume that today is December 31, 2019, and that the following information applies to Abner Airlines Artax borating come (EBITUL T) for 2020 is expected to be 5650 million The rection entre for 2020 spected to be $10 million The cards for 2020 are expected to be $200 million : No dangos expected in met operating working at Then weten to tow a constate of or year The WACC On the code them to be an intercostal Rountour Assume that today is December 31, 2019, and that the following information applies to Abner Airlines: Alter tax operating income (EBIT(1 - 1)] for 2020 is expected to be $650 million The depreciation expense for 2020 is expected to be $150 million The capital expenditures for 2020 are expected to be $200 million No change is expected in net operating working capital The free cash flow is expected to grow at a constant rate of 5% per year. The required return on equity is 16% The WACC is 10% The firm has $206 million of non-operating assets The market value of the company's debt is $3.414 billion - 200 million shares of stock are outstanding Using the corporate valuation model approach, what should be the company's stock price today? Do not round intermediate calculations. Round your answer to the nearest cent $