AFW Industries has 177 milion shares outstanding and expects earnings at the end of this year of $683 million. AFW plans to pay out 58% of its earnings in total, paying 33% as a dividend and using 25% to repurchase shares. II AFW's earnings are expected to grow by 7.2% por year and these payout rates remain constant, determine AFW's share price assuming an equity cost of capial of 11.6% The price per share will be $ (Round to the nearest cent.)