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You must estimate the intrinsic value of XYZ Inc. stock. The last reported free cash flow was $34.00 million, and it is expected to grow

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You must estimate the intrinsic value of XYZ Inc. stock. The last reported free cash flow was $34.00 million, and it is expected to grow at a constant rate of 6.0% a year in future. The company's WACC is 11.0%, it has $105.0 million of long-term debt and $45.0 million of preferred sfock outstanding. The company also has $25.0 million cash in hand. There are 20.0 million shares of common stock outstanding. What is the firm's estimated intrinsic value per share of common stock? $29.79 $27.75 $44.79 $36,50 $27.29

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