Year1234 Free Cash Flow$12 million$18 million$22 million$26 millionConundrum Mining is expected to generate the above free cash flows over the next four years, after which they are expected to grow at a rate of 3% per year. If the weighted average cost of capital is 12% and Conundrum has cash of $80 million, debt of $70 million, and 30 million shares outstanding, what is Conundrum's expected current share price?

A.

$11.11

B.

$8.55

C.

$13.67

D. $14.1