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stockton trading co has $50 million in free cashflow this year. Free cash flow (FCF) is expected to grow at 7% for two years and

stockton trading co has $50 million in free cashflow this year. Free cash flow (FCF) is expected to grow at 7% for two years and then 5% per year indefinitely. Stockton has $10 million in debt but no prefer stock outstanding. Their weighted average cost of capital (WACC) is 9%. They also have 20 million shares outstanding. What is Stockton's value per share?

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