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Gonzales Corporation generated free cash flow of $ 8 9 million this year. For the next two years, the company's free cash flow is expected

Gonzales Corporation generated free cash flow of $89 million this year. For the next two years, the company's free cash flow is expected to grow at a rate of 8%. After that time, the company's free cash flow is expected to level off to the industry longterm growth rate of 4% per year. If the weighted average cost of capital is 11% and Gonzales Corporation has cash of $80 million, debt of $300 million, and 100 million shares outstanding, what is Gonzales Corporation's expected current share price?
A) $15.63
B) $12.03
C) $13.83
D) $11.42
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