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General Industries is expected to generate the free cash flows over the next five years as follows (in milion): $22, $26, $29, $30, $32 respectively.

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General Industries is expected to generate the free cash flows over the next five years as follows (in milion): $22, $26, $29, $30, $32 respectively. After which free cash flows are expected to grow at a rate of 3% per year. If the weighted average cost of capital is 8% and General Industries has cash of $10 million, debt of $40 million, and 80 million shares outstanding, what is General Industries' expected current share price? $7.67 $9.48 $6.72 $6.60 O $10.53

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