Question: Chapter 10 - Q5: Please answer the following question in the image below. There may be multiple answers as noted by the empty boxes. Thank

Chapter 10 - Q5: Please answer the following question in the image below. There may be multiple answers as noted by the empty boxes. Thank you!

Chapter 10 - Q5: Please answer the following question in the image

The present value of JECK Co.'s expected free cash flow is $106 million. If JECK has $34 million in debt, $5 million in cash, and 2.1 million shares outstanding, what is its share price? The company's share price is $ (Round to the nearest cent.)

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