QUESTION 6 A company is expecting to generate $6 million, $12 million and $17 million in free cash flows in the next three years. After 3 years, the company is expecting its free cash flows to grow at a constant 4% per year forever. The firm has $30 million total in debt and preferred stock and has 10 million shares of common stocks outstanding. If the firm's WACC (weighted average cost of capital) is 10%, Its intrinsic value per share is closest to $18 $13.25 $17.43 $21.95