(Medium) Estimate the price per share for Stormy Atlantic using the Residual Operating Income Model. Use the information in the table below. Furthermore, assume that the TV in year 3 assumes the residual operating income grows by 1% p.a. in perpetuity. Stormy Atlantic have an NFO (debt) value of 75,000

Stormy Atlantic
Residual Operating Income Model - Terminal Value with Growth
Cost of Equity Capital	8.00%
Cost of Capital for the Firm	6.00%
Growth in TV	1%

Forecasts for Stormy Atlantic	2019A	2020F	2021F	2022F
Discount Year		1	2	3
Forecast NOPAT	10,000.00	11,000.00	12,000.00
Forecast NOA	130,000.00	135,000.00	140,000.00
Residual Operating Income		3,200.00	3,900.00
Discount Factor		1.06	1.12
PV of RIM		3,018.87	3,470.99
Number of shares outstanding	110,000.00
Price per share	???