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-Company A's free cash flow is estimated to be $75 million for the next three years. -expect growth of 5 percent per year in free

-Company A's free cash flow is estimated to be $75 million for the next three years.

-expect growth of 5 percent per year in free cash flow

-Company A has 18 million shares outstanding, cash on hand of $50 million, liabilities of $155 million, and a weighted average cost of capital of 8 percent.

If you want to become an owner (a shareholder), how much can you expect to pay per share? (Do not round intermediate calculations. Round your final answer to two decimal places.)

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