General Industries is expected to generate the above free cash flows over the next five years, after which free cash

flows are expected to grow at a rate of $4\%$ per year. If the weighted average cost of capital is $8\%$ and General

Industries has cash of $$20$ million, debt of $$45$ million, and $80$ million shares outstanding, what is General Industries'

expected current share price

A$.$ $$12\mathrm{.}2$

B$.$ $$8\mathrm{.}54$

C$.$ $$8\mathrm{.}13$

D$.$ $$9\mathrm{.}76$