A company is projected to have a free cash flow of $500 million next year, growing at a 4.0% rate until the end of year 3. After that, cash flows are expected to grow at a stable rate of 3.0%. The company's cost of capital is 9.0%. The company owes $150 million to lenders and has $5 million in cash. If it has 300 million shares outstanding, what is your estimate for its stock price? Round to one decimal place.