AFW Industries has 196 million shares outstanding and expects earnings at the end of this year of $684 million. AFW plans to pay out 59% of its earnings in total, paying 34% as a dividend and using 25% to repurchase shares. If AFW's earnings are expected to grow by 8.5% per year and these payout rates remain constant, determine AFW's share price assuming an equity cost of capital of 11.4%. The price per share will be $. (Round to the nearest cent.)