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Marcellus wants to estimate the intrinsic value of Darlington Inc's common stock. Free cash flow (FCF_) for this year is expected to be $13.25 million,

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Marcellus wants to estimate the intrinsic value of Darlington Inc's common stock. Free cash flow (FCF_) for this year is expected to be $13.25 million, and it is expected to grow at a constant rate of 2.50% a year thereafter. The company's WACC is 12.75%, it has $25.0 million of long-term debt plus preferred stock outstanding, and there are 1.5 million shares of common stock outstanding. Assume the value of any non-operating assets (like excess cash balances) is zero. Based on this data, what is the firm's estimated intrinsic value per share of common stock? $64.02 $63.01 $69.51 $42.49

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