#22 Suppose the risk-free rate is 1.72% and an analyst assumes a market risk premium of 5.74%. Firm A just paid a dividend of $1.47 per share. The analyst estimates the of Firm A to be 1.31 and estimates the dividend growth rate to be 4.45% forever. Firm A has 262.00 million shares outstanding. Firm B just paid a dividend of $1.73 per share. The analyst estimates the of Firm B to be 0.80 and believes that dividends will grow at 2.17% forever. Firm B has 180.00 million shares outstanding. What is the value of Firm B?

Answer format: Currency: Round to: 2 decimal places.