Question: Question 17 10 points Save Answer Canyon Buff Corp. has $200 million in cash and $400 million in market value of debt. The firm will

 Question 17 10 points Save Answer Canyon Buff Corp. has $200

Question 17 10 points Save Answer Canyon Buff Corp. has $200 million in cash and $400 million in market value of debt. The firm will pay dividends as follows: year 1 = $1 year 2 = $2, and year 3 = $4 (all are per share amounts). The dividends are expected to grow 5% per year thereafter. If the equity cost of capital is 15% and the weighted average cost of capital is 10%, then the current equity value per share is $__ Instruction: Type ONLY your numerical answer in the unit of dollars, NO $ sign needed, No comma sign. Round it to the nearest integer

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