Calculate the value of a share of Sunflower's stock using the free$$cash$$flow$$to$$equity model, assuming the required rate of return is $15\%.$

Purchase of property, plant, and equipment $$2,325,000$

Depreciation and amortization $$600,000$

Net income $$4,500,000$

Increase in current assets $$300,000$

Decrease in current liabilities $$300,000$

New debt issues $$500,500$

Principal repayments $$300,500$

Retention ratio $75\%$

Number of shares outstanding $475,000$

Number of shares authorized $1,250,000$

The earnings and free$$cash$$flow$$to$$equity are expected to grow $10\%$ over the next three years before stabilizing at an annual growth rate of $6\%.$

Group of answer choices

$$45\mathrm{.}27$

$$55\mathrm{.}27$

$$65\mathrm{.}27$