You have been assigned the task of using the corporate, or free cash flow, model to estimate Carlisle Corporation's intrinsic value.

The firm's WACC is $10\%,$ its end$-$of$-$year free cash flow $($FCF$1)$ is expected to be $$375$ million, and the FCFs are expected to grow at

a $20\%$ rate for each of the next two years $($t $=2$ and $3).$ After t $=3,$

the free cash flows are expected to grow forever at a constant rate of $5\%$ per year. The firm has $$450$ million of nonoperating assets.

The company has $$338\mathrm{.}43$ million in long$-$term debt, no preferred stock, and it has $150$ million shares of common stock outstanding.

What is the firm's estimated intrinsic value per share of common stock?

$$62\mathrm{.}00$

$$63\mathrm{.}51$

$$64\mathrm{.}26$

$$65\mathrm{.}00$

$$67\mathrm{.}26$