Submit Aching Time: 1 hour, 06 minutes, 25 seconds Onston Completion Status 10 11 12 13 14 15 16 Moving to another question will save this response. Question 1 Question 1 of 16 10 points Save Answer ABC Enterprise has never paid a dividend. Free cash flow is projected to be 520 million and 535 million for the next 2 years, respectively, after the second your PCF is expected to grow at a constant rate of 8%. The company's weighted average cost of capital is 11% ABC has short-term investments of S120 million, the total debt of 100 million, and preferred stock of $20 million. ABC has 20 million shares of common stock. What is the intrinsic price per share? (Do not use the dollar sig (5) and round your answer to 2 decimal points)