1. Analysts are trying to put a price tag on Company XYZ's stock. XYZ is expected to have Free Cash Flow of $50 million, $75 million respectively at the end of years 1 and 2 and then cease operations. Suppose WACC is 9% and XYZ has $20 million in cash reserve and $30 million in debt. With 5 million shares outstanding, how much is the price per share now?