AFW Industries has 191 million shares outstanding and expects earnings at the end of this year of $715 million. AFW plans to pay out 65% of its earnings in total, paying 38% as a dividend and using 27% to repurchase shares. If AFW's earnings are expected to grow by 7.8% per year and these payout rates remain constant, determine AFW's share price assuming an equity cost of capital of 11.9%.