XYZ has a debt of 27,500,000 and is expected to produce FCF of 11,750,000 next year, Calculate

Question:

XYZ has a debt of 27,500,000 and is expected to produce FCF of 11,750,000 next year, Calculate the value of the share of XYZ if the company has 10 million shares outstanding, FCF is expected to grow at 1.5% per year, the companies required return is 8.5%