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The firm-level FCF of New Media Inc. is estimated to be $9.8 million. The company has 2.1 million shares outstanding. You also now that the

The firm-level FCF of New Media Inc. is estimated to be $9.8 million. The company has 2.1 million shares outstanding. You also now that the average P/FCF multiple for comparable companies is 12.9. Using a relative valuation approach, what is the estimated price of a share of New Media Inc Stock?

A. $60.2

B $93.4

C$126.4

D $175.1

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