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Consider a company that is forecasted to generate free cash flows of $25 million next year and $26 million the year after. After that, cash

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Consider a company that is forecasted to generate free cash flows of $25 million next year and $26 million the year after. After that, cash flows are projected to grow at a stable rate of 1.8% in perpetuity. The company's cost of capital is 11,1%. The company has $62 million in debt, $12 million of cash, and 19 million shares outstanding. How much is each share worth? Round to one decimal place

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