You have the following data: FCF0 = $10 million; FCF1 = $15 million; FCF2 = $20 million; FCF3 = $25 million; free cash flow grows at a rate of 5% for year 4 and beyond. The weighted average cost of capital is 15%. Assume they have 40 million in debt and 10 million shares outstanding. Find the price per share.
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