Question $11(1$ point$)$

A company's weighted average cost of capital is $9\%$ per year and the market value of its debt is $$400$ million. The company's free cash flow last year was $$40$ million and it is expected to grow $20\%$ per year for the next three years. Thereafter, the free cash flow is expected to grow forever at a rate of $4\%$ per year. If the company has nine million shares of common stock outstanding, what is the value per share?

$$114\mathrm{.}14$

$$136\mathrm{.}97$

$$164\mathrm{.}37$

$$73\mathrm{.}17$

$$95\mathrm{.}12$