AFW Industries has 205 million shares outstanding and expects earnings at the end of this year of $687 million. AFW plans to pay out 57% of its earnings in total, paying 33% as a dividend and using 24% to repurchase shares. If AFW's earnings are expected to grow by 8 7% per year and these payout rates remain constant, determine AFWs share price assuming an equity cost of capital of 11.5%. The price per share will be $