Shine Industries capital structure contains 40% debt and 60% equity. Its after-tax cost of debt is 10% and investors require an 19% return on the firm's common stock. Shine has no preferred stock outstanding and the value of its debt, VD, is 65,000,000. It has 8,250,000 shares of common stock outstanding. The firm's free cash flow (FCF) in the immediate past year was $10,000,000 and it is expected to grow at a compound annual rate of 13% over the next four years, beyond which it will grow at 6% annually forever.

a.	Calculate Shine's weighted average cost of capital (WACC).
b.	Calculate the firm's total enterprise value, VF, today.
c.	Calculate the total share value and the per-share value, P0, of Shine's common stock.