Based on the following data, what is the stock price per share according to the equity free cash flow model? 0 1 780.00 120.00 200.00 n 10.00 Year Revenue Fixed costs Variable costs Additional investment in NWC Additional investment in operating long- term assets Depreciation Interest expenses Newly issued debt Principal repayments 70.00 60.00 35.00 25.00 15.00 of Short-term debt Long-term debt Common stock Total Price Number Market per value share shares 200.00 600.00 18.00 100 1,800.00 2,600.00 0.14 Cost of equity (Rs) Tax rate 0.40 Growth rate per year From year 1 through year 5 After year 5 0.12 0.05 Select one O a. 24.12 b. 36.45 C 28.78