Suppose Watch-Over-ya Corp's projected free cash flow for next year is FCF1 = $500,000 and FCF is expected to grow at a constant rate of 5.0% per year indefinitely. Watch-Over-ya has no debt or preferred stock, and its weighted average cost of capital (WACC) is 9.0%. It has 200.0 thousand shares outstanding.
What is the stock’s value per share?