Given the following information, find the per share value of common stock. (5 points)

AssetsLiabilities &Equity

Cash4,500Accounts Payable2,500

Short-term Investments1,700Accruals1,800

Acct Receivables1,200Notes Payable3,200

Inventories 2,600

Total Current Assets 10,000Total Current Liabilities 7,500

Net Fixed Assets152,250L-T Debt50,000

Equity:

Preferred Stock25,250

Common Stock79,500

Total Assets $162,250Total Liabilities & Equity$162,250

FCF from Operations in Year 1 = $9130; and is expected to increase at 4.5% every year into the foreseeable future. Assume the WACC = 10%.

Given this information, what is the per share value of Common Stock if there are 1250 shares outstanding?

$71.40

$68.60

$63.60

$59.67

$56.40