It is $2022.$ You are investigating the possibility of making an equity investment in Walkerville Woodworking Inc., a firm that specializes in producing antique$-$style furniture with a modern twist. "Your research has revealed the following information:

Walkerville has $$8$ million in excess cash and $$4\mathrm{.}5$ million in debt.

The company is expected to have free cash flow of $$28$ million in $2023$ and $$30$ million in $2024.$

Beyond $2024,$ free cash flow is expected to grow at a constant rate of $2\%$ per year forever.

Walkerville's weighted average cost of capital $($WACC$)$ is $11\%$ and it has $8$ million shares outstanding.

What is the current enterprise value of Walkerville Woodworking given the above assumptions?

A$.$ $$302\mathrm{.}87$ million

B$.$ $$295\mathrm{.}77$ million

C$.$ $$329\mathrm{.}03$ million

D$.$ $$325\mathrm{.}53$ million

E$.$ $$358\mathrm{.}56$ million

Question B: $(5$ p$$ints$)$ What should be the price of one share of Walkerville stock?

A$.$ $$36\mathrm{.}53$

B$.$ $$41\mathrm{.}13$

C$.$ $$45\mathrm{.}26$

D$.$ $$40\mathrm{.}25$M