Portage Bay Enterprises has 51 million in excess cath, no debt, and is expected to have free cash flow of $13 million next year, its FCF is then expected to grow at a rate of 5% per year forever. If Portage Bays equity cost of capital is 12 and it has 5 million shares outstanding. What should be the price of Portage Blay stock? The price of Portage Boy's stock in sper share. (Ruand to the nearest cert