A stock has no dividends. Last period's FCFF is $4.77 and it has an estimated annual free cash flow growth rate of 7.4%. The WACC for this stock is 7.9% and its long term growth rate is 2.46%. It also has an ROE of 15%. You also found out that the firm has debt per share of $27. What it the estimated intrinsic value using the constant state FCFF method? State your answer as a dollar amount with two decimal places and use the adjusted method.