Use the table for the question(s) below. FCF Forecast (5 million Year 1 Sales 200 270 Growth Derais Prior Year 12.5% EBIT (10% of Sales) 2700 Less: Income Tax (200a (5.40 Less Increase in NWC (12% of Change in Sales) 3.60 Free Cash How 18.00 2 290 7.4% 29.00 5.80 2.40 20.80 3 310 6.9% 31.00 6.20 2.40 2240 3255 5.0% 32.55 6.51 1.96 2418 Banco Industries expect sales to grow at a rapid rate over the next three years, but settle to an industry growth rate of 4% in year 4. The spreadsheet above shows a simplified pro forma for Banco Industries. If Banco industries has a weighted average cost of capital of 9%, $50 million in cash, 550 million in debt, and 18 million shares outstanding, which of the following is the best estimate of Banco's stock price at the start of year 12 O A. $11.52 OB. $20.74 OC. $23.04 OD. $41.47