A stock has no dividends. The last period's FCFF is $5.34 and it has an estimated annual free cash flow growth rate of 6.8%. The WACC for this stock is 8.5% and its long term growth rate is 2.46%. It also has an ROE of 12.9%. You also found out that the firm has debt per share of $29.23. 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 as shown in the textbook.