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The company's share price is $. (Round to the nearest cent.) HW Score: 0%, O of 10 points < Question 8, P 10-3 (book/static) >

image text in transcribed The company's share price is $. (Round to the nearest cent.)

HW Score: 0%, O of 10 points < Question 8, P 10-3 (book/static) > O Points: O of 1 The present value of JECK Co.'s expected free cash flow is $100 million. If JECK has $30 million in debt, $6 million in cash, and 2 million shares outstanding, what is its share price? The company's share price is (Round to the nearest cent.)

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