Consider a company that is forecasted to generate free cash flows of $27 million next year and $30 million the year after. After that, cash flows are projected to grow at a stable rate of 1.9% in perpetuity. The company's cost of capital is 7.8%. The company has $60 million in debt, $12 million of cash, and 29 million shares outstanding. How much is each share worth? Round to one decimal place.

Consider a company that is projected to generate revenues of $283 million next year. Analysts expect revenues to grow at a 3.7% annual rate for the following two years (until the end of year 3) and then at a stable rate of 1.5% in perpetuity. If the company is expected to have a gross margin of 75%, operating margin of 35%, net margin of 25%, tax rate of 16.2%, and reinvestment rate of 44%, what is its expected free cash flows in four years from today? Answer in millions, rounded to one decimal place

An asset is projected to generate 7 annual cash flows of $6,000 starting 8 years from today and a final one-time cash flow of $13,000 in 29 years from today. If the appropriate discount rate is 7.7%, how much is this asset worth today? Round to the nearest dollar.