A company is projected to generate free cash flows of $59 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 8.4%. It has $29 million worth of debt and $3 million of cash. There are 19 million shares outstanding. If the appropriate terminal exit value for this company is 12, what's your estimate of the company's stock price? Round to one decimal place.