What is the answer

Question 16 (1 point) Tuula is a new start-up company that is looking to go public. The following information has been gathered: Expected free cash flows (in one $300,000 year) Expected annual growth in free cash 5% flows Weighted average cost of capital 9% Current value of long-term debt $2,500,000 Redundant asset (net realizable value) $1,100,000 Tuula has 50,000 shares currently outstanding. What is the value of Tuula's shares using the capitalized cash flow approach? a) $38.67 \\ b) $100.00 ) $122.00 d) $172.00