Firm GoArt has distributed a free cash flow of $20 million last year and that cash flow is expected to grow at 20% for the next year and 15% for the following year, after which it will settle to a long term growth rate of 10%. The firm has $50 million in total liabilities and 10 million shares of common stock outstanding. How much is the intrinsic value of a share of its stock given a WACC of 12%? Please show your work