Consider a company that is forecasted to generate free cash flows of $27 million next year and $31 million the year after. After that, cash flows are projected to grow at a stable rate of 2.9% in perpetuity. The company's cost of capital is 7.8%. The company has $49 million in debt, $14 million of cash, and 26 million shares outstanding. How much is each share worth? Round to one decimal place.

An asset is projected to generate 6 annual cash flows of $9,000 starting 12 years from today and a final one-time cash flow of $9,000 in 25 years from today. If the appropriate discount rate is 4.5%, how much is this asset worth today? Round to the nearest dollar.

Please answer both questions !