A company is projected to generate free cash flows of $150 million next year and $210 million at the end of year 2, after which it is projected grow at a steady rate in perpetuity. The company's cost of capital is 8.0%. It has $200 million worth of debt and $40 million of cash. There are 30 million shares outstanding. If the exit multiple for this company's free cash flows (EV/FCFF) is 4.0, what's your estimate of the company's stock price? Round to one decimal place.