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Save Score: 0 of 1 pt 23 of 36 (10 complete HW Score: 21.63%, 7.79 of 36 pts P 16-23 (similar to) Question Help Kohwe

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Save Score: 0 of 1 pt 23 of 36 (10 complete HW Score: 21.63%, 7.79 of 36 pts P 16-23 (similar to) Question Help Kohwe Corporation plans to borrow $49.7 million to finance a new investment. The firm will pay interest only on this on each year, and it wil martin an outstanding balance of $497 milion on the loan Suppose that we's corporate tax rate is 25% and expected free cash flows are $104 million each year Kohwe cuently has 46 million shares outstanding, and it has no other assets or opportunities Suppose the appropriate discount rate for Kow's future free cash flows is 7.6% What is Kowe's share price today if the investment is financed with ot? Kowe's share price today is per share. Round to the nearest cent)

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