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Year 1 2 3 4 5
Free Cash Flow $21 million $26 million $30 million $31 million $33 million
XYZ Industries is expected to generate the above free cash flows over the next five years, after which free cash flows are expected to grow at a rate of 4% per year. If the weighted average cost of capital is 7% and XYZ has cash of $15 million, debt of $48 million, and 71 million shares outstanding, what is General Industries' expected current share price?
Answer in millions and round to the nearest cent.