Utilizing the free cash flow(FCF)approach and the information stated below

please calculate the value of a Lincroft Musics common stock:

Market value of senior debt = $68,500,000

Market value of junior debt = $39,500,000

Shares of common stock outstanding = 2,000,000

Growth rate of 15% for 3 years, followed by a 7.5% annual growth rate, thereafter

Estimated WACC (discount rate) of 10%

Last year's FCF = $4,200,000