A firm's expected earnings in one year is $5 per share and the firm is going to invest 40% of its earnings in an new investment opportunity and pays out the rest 60% as dividends every year. Assume that once an investment is made, it will continue to generate a fixed rate of return every year going forward. Suppose that investors believe that the new investment opportunities the firm has in future years can generate a return of 10% per year and investors demand a 10% expected return to invest in this firm given the risk of these investments' cash flows. What should be the price per share?