Intrinsic Value Calculation for ABC Corporation

ABC Corporation is a rapidly growing tech firm that recently completed its fifth year in operations. The company has produced consistent free cash flows (FCF), which have grown at an annual rate of 20%. Analysts project that this growth rate will remain stable for the next five years. After Year 5, they expect FCF to grow at a perpetual growth rate of 4% indefinitely.

Last year, ABC Corporation generated a free cash flow of $10 million. The company has a weighted average cost of capital (WACC) of 10%. Using the Free Cash Flow Valuation method, what is the intrinsic value per share of ABC Corporation if it has 5 million shares outstanding?