AFW Industries has 188 million shares outstanding and expects earnings at the end of this year of $708 million. AFW plans to pay out 63% of its earnings in total paying 35% as a dividend and using 28% to repurchase shares. If AFws eamings are expected to grow by 8.7% per year and these payout rates remain or stan 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)