A firm has reported earnings of $$400$ million, on the $$1$ billion equity it has in the current year. The firm has $20$ million shares outstanding. If the growth rate in earnings is $10\%$ and the firm is expected to have the same payout ratio for next year, estimate the expected dividend per share at the end of this year? $($Pick the closest$).$ ANSWER $=16\mathrm{.}5$