A company is projected to generate free cash flows of $300 million next year, growing at a 6.0% rate until the end of year 3. After that, cash flows are expected to grow at a stable rate of 2.0%. The company's cost of capital is 14.0%. The company owes $150 million to lenders and has $40 million in cash. If it has 100 million shares outstanding, what is your estimate for its stock price? Round to one decimal place.