Gul Dukat Corp. is expected to have free cash flow (FCF) of $8 million in year 1, $5 million in year 2, $9 million in year 3, and $6 million in year 4. After that, growth in FCF is expected to be 3 percent per year. Gul Dukat has cash of $5 million, liabilities of $2 million, and 10 million shares outstanding. (Do not round intermediate calculations. Round your final answer to two decimal places.)

Estimate the enterprise value today of Gul Dukat Corp. assuming a WACC of 15 percent.

EV = $ _____ million

What should be the stock price today of Gul Dukat Corp.?

Price = $ ______ per share