Year 1 2 3 4 5

Free Cash Flow $22 million $26 million $28 million $31 million $32 million

XYZ 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 2% per year. If the weighted average cost of capital is 6% and XYZ has cash of $17 million, debt of $46 million, and 76 million shares outstanding, what is General Industries' expected current share price?