A company had \$19 of sales per chare for the year that just ended. You expect the company to grow their sales at 6 percent for the neat five years. Atter that, you expect the company to grow 3,25 percent in perpetuly. The company has a 13 percent ROE and you exped that to contanue forever. The company's net marons are 5 percent and the cost of equity is a percent. Use the free cath flow to equity model to value this stock. Do nist round intermediate calculations. Round your answer to the nearest cent. 5