Intrinsic Price per Share Based on FCFs Blunderbluss Manufacturing's balance sheets report $210 million in total debt, $89 million in short-term investments, and $49 million in preferred stock. Blunderbluss has 5 million shares of common stock outstanding. A financial analyst estimated that Blunderbuss's value of operations is $925 million. What is the analyst's estimate of the intrinsic stock price per share? Round your answer to the nearest cent. Horizon Value of Free Cash Flows JenBritt Incorporated had a free cash flow (FCF) of $98 million in 2019. The firm projects FCF of $220 million in 2020 and $610 million in 2021. FCF is expected to grow at a constant rate of 5% in 2022 and thereafter. The weighted average cost of capital is 10%. What is the current (i.e., beginning of 2020) value of operations? Do not round intermediate calculations. Enter your answer in millions. For example, an answer of $1 million should be entered as 1, not 1,000,000. Round your answer to two decimal places. million