You want to estimate the value per share of a corporation using a DCF approach and the following data: Debt: $50 million; Cash: $40 million; Shares Outstanding: 30 million; the year 1 FCF is expected to be $10 million and it is expected to grow at the rate of 10% until year 3 (so two years of 10% growth) and then to decrease at a rate of 5% for two more years and grow at 3% after year 5. If the discount rate is 9%, what is the price per share today?

Question 13 options:

	4.83
	5.16
	5.48
	6.23
	None of the above