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XYZ had a free cash flow this past year (last year) of $44.7 million. The company's WACC (required rate of return) is 12.9% compounded annually.

XYZ had a free cash flow this past year (last year) of $44.7 million. The company's WACC (required rate of return) is 12.9% compounded annually. The free cash flows are expected to grow by 4.0% per year. The company has debt outstanding with a market value of $138.0 millions. The company has 16.7 million common shares outstanding. What is value/share (price per share)? Your answer should be accurate to two decimal places.

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