HT generated $40 million in free cash flow at the end of the last year; its FCF is expected to grow at a constant rate of 5.5% per year indefinitely. The company has no debt or preferred stock; its WACC is 13.5% and it has zero nonoperating assets. If HT has 22 million shares of stock outstanding, what is the stocks value per share?

Group of answer choices

$29.27

$25.30

$27.52

$21.33

$23.98