j$.$ Suppose Bon Temps embarked on an aggressive expansion that requires additional

capital. Management decided to finance the expansion by borrowing $$40$ million and by

halting dividend payments to increase retained earnings. Its WACC is now $7\%,$ and the

projected free cash flows for the next three years are $-$$$5$ million, $$10$ million, and $$20$

million. After Year $3,$ free cash flow is projected to grow at a constant $5\%.$ What is Bon

Temps's market value of operations? If it has $10$ million shares of stock, $$40$ million of

debt and preferred stock combined, and $$5$ million of nonoperating assets, what is the

price per share?

Please help with all steps.