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The free cash flow to the firm in the most recent fiscal year was $ 1 2 5 million. The FCFF is expected to grow

The free cash flow to the firm in the most recent fiscal year was $125 million. The FCFF is expected to grow at 25% for the next 2 years, then 15% for the next 3 years, and then at 7% per year thereafter. The firms WACC is 11.50%, it has 25 million shares outstanding, and the market value of its debt is $975 million. What is the intrinsic value per share of its stock? Enter your answer rounded to two decimal places. Do not enter $ or comma in the answer box. For example, if your answer is $12,300.456 then enter as 12300.46 in the answer box.

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