Question: FCF estimates: 2 3 4 Year: Free Cash Flow, $ millions 1 12 18 22 26 Colonial Inc. is expected to generate the above free

FCF estimates: 2 3 4 Year: Free Cash Flow, $ millions 1 12 18 22 26 Colonial Inc. is expected to generate the above free cash flows over the next four years, after which FCFs are expected to grow at a rate of 5% per year. If the weighted average cost of capital is 11% and Colonial has cash of $50 million, debt of $70 million, and 30 million shares outstanding. what is Colonial's expected current share price? Answer in dollars and cents. Do not include a $ sign

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