uestion $1$

A company is forecasted to generate free cash flows of $$68$ million for the next three years. After that, cash flows are projected to grow at a $2\mathrm{.}5\%$ annual rate in perpetuity. The company's cost of capital is $7\mathrm{.}7\%.$ The company has $$43$ million in debt, $$12$ million of cash, and $15$ million shares outstanding. What's the value of each share?

a$.81\mathrm{.}2$

b$.23\mathrm{.}2$

c$.60\mathrm{.}5$

d$.35\mathrm{.}1$

e$.44\mathrm{.}7$