PLEASE SHOW ALL WORK

Chuddock's Kitchen Faucets free cash flow was just $1.00 million. If:

1. The expected long-run growth rate for Chuddock's = 5.4%

2. The weighted average cost of capital = 11.4%, and

3. Chuddock''s has $4 million in short-term investments and $3 million in debt, and 1 million shares outstanding

what is the intrinsic stock price?

A-$17.28

B-$18.13

C-$19.01

D-$17.70

E-$18.57