Phoenix Corp. faltered in the recent recession but is recovering. Free cash flow has grown rapidly. Forecasts made in 2019 are as follows: (5 millions) 2020 2021 2022 2023 2024 Net income 2.5 4.2 4.70 5.0 Investment 1.0 1.5 1.7 1.9 1.9 Free cash flow 0 1.0 2.5 2.8 3.1 1.0 Phoenix's recovery will be complete by 2024, and there will be no further growth in net income or free cash flow. a) Calculate the PV of free cash flow, assuming a cost of equity of 10%. b) Assume that Phoenix has 12 million shares outstanding. What is the price per share