Spandra, Inc. has never paid a dividend. Frank, a stock analyst, decides to use the company's free cash flow to estimate the value of a share of Spandra's common stock. The company provides financial statements for the company's competitive advantage period of the next two years, and Frank calculates expected free cash flow to be $$8$ million in year one and $$12$ million in year two. Frank expects the free cash flow to remain constant at $$15$ million per year for years three and beyond. Spandra, Inc.$\text{'}$s weighted average cost of capital is $14\%$ and its standard deviation of returns is $21\%.$ The market value of Spandra, Inc.$\text{'}$s debt is $$17$ million and there are $10$ million shares of common stock outstanding. Estimate the value of a share of Spandra, Inc.common stock.