AFW industries has 179 million shares outstanding and expects earnings at the end of this year of $727 million. AFW plans to pay out 63% of its earnings in total, paying 40% as a dividend and using 23% to repurchase shares. If AFW's earnings are expected to grow by 8.6% per year and these payout rates remain constant, determine AFW's share price assuming an equity cost of capital of 12.5%. The price per share will be (Round to the nearest cent.)