Lance Inc.$\text{'}$s free cash flow was just $$3,00$ million. If the expected long$-$run growth rate for this company is $8\%,$ if the weighted average cost of capital is $16\%,$ Lance has $$6$ million in short$-$term investments and $$4\mathrm{.}44$ million in debt, and $1$ million shares outstanding, what is the intrinsic stock price?

$$21\mathrm{.}03$

$$19\mathrm{.}57$

$$42\mathrm{.}06$

$$27\mathrm{.}70$

$$31\mathrm{.}56$