24. Kohwe Corporation plans to finance a new investment with leverage. Kohwe Corporation plans to borrow $46.7 million to finance the new investment. The firm will pay interest only on this loan each year, and it will maintain an outstanding balance of $46.7 million on the loan. After making the investment, Kohwe expects to earn free cash flows of $9.1 million each year. However, due to reduced sales and other financial distress costs, Kohwe's expected free cash flows will decline to $8.1 million per year. Kohwe currently has 4.5 a million shares outstanding, and it has no other assets or opportunities. Assume that the appropriate discount rate for Kohwe's future free cash flows is 7.6% and Kohwe's corporate tax rate is 25%. What is Kohwe's share price today given the financial distress costs of leverage?