A Corporation plans to issue equity to raise $84,016,159 to finance a new investment. After making the investment, the firm expects to earn free cash flows of $14,005,289 each year. The firm currently has 5,246,286 shares outstanding, and it has no other assets or opportunities. Suppose the appropriate discount rate for the firm future free cash flows is 7.75%, and the only capital market imperfections are corporate taxes and financial distress costs. What is the firm's share price today?

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