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Year 1 2 3 4 5 Free Cash Flow 21 28 29 25 32 AmericanIndustries is expected to generate the above free cash flows over

Year 1 2 3 4 5
Free Cash Flow 21 28 29 25 32

AmericanIndustries 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 2%per year.If the weighted average cost of capital is 11%and AmericanIndustries has cash of$32million,debt of$47million,and 82million shares outstanding,what is AmericanIndustries' expected current share price?

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