CIL HW Score: 0%, 0 of 5 pls He P 10-4 (similar to) Question Help Portage Bay Enterprises has 53 million in excess cash, no debt, and is expected to have free cash flow of S10 million next year. Its FCF is the expected to grow at a rate of 3% per year forever. Portage Bay's equity cost of capital is 13% and it has 7 million shares outstanding, what should be the price of Portage Bay stock? The price of Portage Bays stock is sper share (Round to the nearest cent)