Please assist with solving problem in excel:

Year	0	1
Revenue		630.00
Fixed costs		120.00
Variable costs		200.00
Add. investment in NWC		10.00
Add. investment in operating long-term assets		70.00
Depreciation		60.00
Interest expenses		35.00
Newly issued debt		25.00
Principle repayments		15.00
Market value of the firm:	Price
	per share	No. of shares	Market value
Short-term debt			100.00
Long-term debt			600.00
Preferred stock	10.00	10	100.00
Common stock	18.00	100	1,800.00
Total			2,600.00
Cost of equity (Rs)	0.1400
Tax rate	0.40
Growth rate per year from year 1 through year 5	0.12
Growth rate after year 5	0.05

Based on the equity free cash flow model, what is the price per share for the common stock?

Select one:

a. 10.98

b. 14.34

c. 12.45

d. 16.39

Correct answer is 16.39