Questions 15 - 17 use the data below. Aldo's Hair Products has the following expected free cash flows. Year 1 = $58,000, year 2 = $72,500, year 3 = $60,000. After that, he expects to grow at a rate of 5% per year. His WACC (or required return) is 14%, has $500,000 in debt and 20,000 shares outstanding. what is your expected price per share of Aldo's Hair Products? Show all work!!

• A. $5.98
• B. $29.68
• C. $30.98
• D. $7.54