AFW Industries has 193 million shares outstanding and expects earnings at the end of this year of $726 million. AFW plans to pay out 65% of its earnings in total, paying 36% as a dividend and using 29% to repurchase shares If AFW's earnings are expected to grow by 8.9% per year and these payout rates remain constant, determine AFW's share price assuming an equity cost of capital of 12.4%. The price per share will be $ (Round to the nearest cent.)