this is a financial statement analysis question...........this is a financial statement analysis question...........

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On January 2016 , shares of Company X trade at 56.50 per share , with 400 million shares outstanding . The company has net debt of $300 million . After building an earnings model for Compan y X , you have projected fre e cash flow for each year as follows : Year 2016 2017 2018 2019 2020 2021 20 23 FCF 110 120 170 Weighted average cost of capital Long-term FCF growth rate According to the discounted cash flow valuation method , Company X shares are ( assume all cash flows are generated at the end of the year ( i . e . no mid - year adjustment ) A . $0 .83 per share undervalued B . $ 0 . 23 per share overvalued C. $ 0. 13 per share undervalued D. 8 0 83 per share overvalued