You must estimate the intrinsic value of Mega Dynamics stock in our universe. Mega Dynamics current free cash flow is $12 billion, and it is expected to grow at a constant annual rate of 7.5%. The companys WACC is 10%. Mega Dynamics has $100 billion of long-term debt and preferred stock, and there are 15 billion shares of common stock outstanding. What is Mega Dynamics estimated intrinsic value per share of common stock?

Group of answer choices

$27.73

$34.40

$32.00

$25.33

$22.67