A company is projected to have a free cash flow of $293 million next year, growing at a 6% rate until the end of year 3. After that, cash flows are expected to grow at a stable rate of 2.1% in perpetuity. The company's cost of capital is 10.9%. The company owes $74 million to lenders and has $26 million in cash. If it has 143 million shares outstanding, what is your estimate for its stock price? Round to one decimal place. (e.g., $4.32 = 4.3)