AFW Industries has $209$ million shares outstanding and expects earnings at the end of this year of $$741$ million. AFW

plans to pay out $60\%$ of its earnings in total, paying $39\%$ as a dividend and using $21\%$ to repurchase shares. If AFW's

earnings are expected to grow by $8\mathrm{.}8\%$ per year and these payout rates remain constant, determine AFW's share price

assuming an equity cost of capital of $12\mathrm{.}3\%.$

The price per share will be $$.($Round to the nearest cent.$)$