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Year 1 2 3 4 5 Free Cash Flow 20 28 27 29 33 American Industries is expected to generate the above free cash flows

Year 1 2 3 4 5
Free Cash Flow 20 28 27 29 33

American Industries is expected to generate the above free cash flows over the next five years, after which free cash flows are expected to grow at a rate of 4% per year. If the weighted average cost of capital is 12% and American Industries has cash of $41 million, debt of $36 million, and 82 million shares outstanding, what is American Industries' expected current share price?

Round your answer to two decimal places, and omit dollar signs and commas (i.e., enter $2,001.2001 as 2001.20).

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