Time Remaining Return 35 3.5 points Given the following data for year 1: Profits after taxes = $14 million: Depreciation = $6 million; Interest expense = $6 million; Investment in fixed assets = $12 million; Investment in working capital = $3 million. The corporate tax rate is 25 percent. Assume that free cash flow grows at a rate of 5 percent for years 2 and 3, and then it grows at a rate of 3 from year 4 and beyond. The weighted average cost of capital is 10 percent. If the company has $20 million debt and 1 million shares outstanding. What is the value per share? $129.54 $110.54 $120.54 OC $130.54 Previous Next ENG 14"C Yellow alert 19/05 o O 3 c ything DELL