You are trying to estimate the share price for Heavyweight Inc. Heavyweight currently has 30 million shares outstanding, a cost or equity of 16%, a cost of debt of 4.5%, and a marginal tax rate of 30%. The firm has no excess cash and maintains a debt-to-enterprise value ratio of 35%. It is expected to generate free cash flows of $150 million at the end of the year and free cash flows are expected to grow at an annual rate of 2% in perpetuity. Given this information, and using the WACC method, what is the best estimate for Heavyweight's share price? Select one. Ol. $34.20 O II. $32.58 O III. $18.42 O IV. $30.67