A company produced FCF in the most recently completed year of $1,500,000. You expect that cash flow to grow by 8%, 5% next year and 4% in year three. Then in years four and beyond, FCF growth will become constant at 3%. The company has $3,500,000 of debt and 500,000 shares of common stock. With a required rate of return of 14%, what is each share of stock worth?