You must estimate the intrinsic value of Noe Technologies' stock. The end-of-year free cash flow (FCF1) is expected to be $29.00 million, and it is expected to grow at a constant rate of 7.0\% a year thereafter. The company's WACC is 10.0\%, it has $125.0 million of long-term debt plus preferred stock outstanding, and there are 11.0 million shares of common stock outstanding. Assume the firm has zero non-operating assets. What is the firm's estimated intrinsic value per share of common stock? Do not round intermediate calculations. a. $87.88 b. $99.24 c. $82.67 d. $76.52 e. $85.30