Problem $8-10$ constant rate for $5$ years, and then at a constant rate of $\backslash (1\mathrm{.}424488\backslash \%\backslash )$ for year $6$ and onward after that. Use the following information to calculate the value of the equity on a per$-$share basis.

a$.$ Assume that the company currently has $\backslash (\backslash$$ $486\backslash )$ million of net PP$\backslash$&E$.$

b$.$ The company currently has $\backslash (\backslash$$ $162\backslash )$ million of net working capital.

c$.$ The company has operating margins of $11$ percent and has an effective tax rate of $30$ percent.

d$.$ The company has a weighted average cost of capital of $10$ percent. This is based on a capital structure of two$-$thirds equity and one$-$third debt.

e$.$ The firm has $3$ million shares outstanding.

Do not round intermediate calculations. Round your answer to the nearest cent.

$\backslash (\backslash$$ $\backslash )$