AFW Industries has 205 million shares outstanding and expects earnings at the end of this year of $650 million. AFW plans to pay out 64% of its earnings in total, paying 40% as a dividend and using 24% to repurchase shares. If AFW's earnings are expected to grow by 7.4% per year and these payout rates remain constant, determine AFW's share price assuming an equity cost of capital of 12.9%. The price per share will be $. (Round to the nearest cent.)