A stock has no dividends. Last periods FCFF is $4.44 and it has an estimated annual free cash flow growth rate of 6.9%. The company should maintain this growth rate for 3 more years before it decays to the estimated long term growth rate of 2.46%. The WACC for this stock is 7.4% and its current ROE is 29.7%. You also found out that the firm has debt per share of $35.58. What it the estimated intrinsic value using the multistage FCFF method? State your answer as a dollar amount with two decimal places and use the adjusted method as shown in the textbook.