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Garbanzo Corporation generated free cash flow of $81 million this past year. For the next two years, the company's free cash flow is expected to
Garbanzo Corporation generated free cash flow of $81 million this past year. For the next two years, the company's free cash flow is expected to grow at a rate of 11%. After that time, the company's free cash flow is expected to level off to the industry long-term growth rate of 4% per year. If the weighted average cost of capital is 14% and Garbanzo Corporation has cash of $195 million, debt of $216 million, and 92 million shares outstanding, what is Garbanzo Corporation's expected current share price?
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