Year.. .....0.........1..............2...........3......

FCF ($Millions).................$-20..........$30.........$40

Dozier Corporation is a fast growing supplier of office products. Analyst project the following free cash flows during the next 3 years, after which fcf is expected to grow at a constant 7% rate. Dozier's WACC is 13% Suppose Dozier has $100 million of debt and 10 million shares of stock outstanding. What is your estimate of the current price per share (stock price)?

A)39.86

B)42.79

c)40.38

D)42.01

E)41.24