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You are valuing Soda City Inc. It has $111 million of debt, $86 million of cash,...

You are valuing Soda City Inc. It has $111 million of debt, $86 million of cash, and 161 million shares outstanding. You estimate its cost of capital is 11.9%. You forecast that it will generate revenues of $709 million and $791 million over the next two years, after which it will grow at a stable rate in perpetuity. Projected operating profit margin is 24%, tax rate is 28%, reinvestment rate is 29%, and terminal EV/FCFF exit multiple at the end of year 2 is 14. What is your estimate of its share price? Round to one decimal place.

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