You have been assigned the task of using the corporate valuation model to estimate Corrigan Co.s intrinsic value.

Corrigans WACC is 9.00%, its expected end-of-year free cash flow (FCF1) is $120 million, the FCFs are expected to grow at a constant rate of 6.00% a year in the future, the company has $500 million of long-term debt plus preferred stock, and it has 50 million shares of common stock outstanding. What is the per-share estimate of the stocks intrinsic value?

Group of answer choices

A. $ 70.00

B. $ 80.00

C. $ 90.00

D. $100.00

E. $110.00