You are given the below data for the statement of cash flows as well as additional data items. Calculate the fair value per share of stock for the company, showing all steps,

in Millions of USD except Per Share FY 2020

12 Months Ending 12/31/2020

Cash Flow

Cash From Operating Activities

Net Income - CF 8620

Depreciation And Amortization - CF 23220

Write-Downs 2020 Disposal/Sale of Assets 3170

Stock Based Compensation 1,7340

Other Non-Cash Items 2280

Change in Inventories 4220

Change in Accounts Receivable -6520

Change in Prepaid Expenses -2510

Change in Deferred/Uneamed Revenue -ST 3210

Change in Accounts Payable & Accrued Expenses 2.1020

Other Amortization of Non-Cash Expenses/Gains Change in Other Assets -1.416,0

Change in Other Liabilites 4960

Total Cash Flows From Operations 5.943.0

Amortization of Debt Discount 180.0

Change in Notes Receivable 0.0

Change in Deposits 70

Foreign Exchange Gains/Losses 114.0

Cash From Investing Activities Capital Expenditures 3,1570

Acquisition of Business -75.0

Other Investing Activities 1100

Proceeds From Short-Term Marketable Securities Purchase of Intangibles -100

Total Cash Flows From Investing 3.132.0

Cash from Financing Activities Increase in Long-Term Borrowings 9.7130

Decrease in Long-Term Borrowings -11,863.0

issuance of Common Stock 12.2690

Effect of Exchange Rates On Cash 3340

Debt Financing/issuance Costs 5.0

Other Financing Activities 0.0

Cash Paid For Taxes 115.0

Cash Paid For Interest Exercise of Stock Options Net Change in Cash 13.118.0

Proceeds From Exercise/Issuance of Warrants 4170

Cash and Cash Equivalents (End of Period) 19.9010

Cash and Cash Equivalents (Beg of Period) 6,783.0

Minority Interest - CF (Financing) -219.0

Repayment of Finance Leases 338.0

Total Cash Flows From Financing 9.973.0

Additional Information:

Weighted Average Cost of Cap 15.50

WACC Cost of Equity 15.77

interest Expense 5460

Efective Tax Rate 11.85

Total Equity 28,494,0

Dividends Paid 0.0

Shares Outstanding 1,004