1. Moby Deak Corporation has sales of 4,779,520; income tax of 423,537; the selling, general and administrative expenses of 245,312; depreciation of 387,603; cost of goods sold of 2,544,090; and interest expense of 183,563. Calculate the amount of the firm's after-tax cash flow from operation.
2. Assume a corporation is expecting the following cash flows in the future: $-6 million in year 1, $11 million in year 2, $15 million in year 3. After year 3, the cash flows are expected to grow at a rate of 6% forever. The discount rate is 12%, the firm has debt totaling $47 million, and 7 million shares outstanding. What should be the price per share for this company?
Enter your answer in dollars, rounded to the nearest cent.