A company is projected to generate free cash flows of $49 million per year for the next two years, after which it is projected grow at a steady rate in perpetuity. The company's cost of capital is 10.9%. It has $24 million worth of debt and $6 million of cash. There are 14 million shares outstanding. If the exit multiple for this company's free cash flows (EV/FCFF) is 14, what's your estimate of the company's stock price? Round to one decimal place.