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TLX Corp. expects to generate free-cash-flows (FCF) of $ 500,000 each of the next 10 years. Every year following that its FCFs are expected to

TLX Corp. expects to generate free-cash-flows (FCF) of $ 500,000 each of the next 10 years. Every year following that its FCFs are expected to grow by 5%. Assuming that TLX has debt of $ 1,000,000, a weighted average cost of capital of 10%, and 400,000 shares outstanding, What is the value of a share of TLX stock? Round your answer final answer to two decimals.

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