AFW Industries has 206 million shares outstanding and expects earnings at the end of this year of $677 million. AFW plans to pay out 58% of its earnings in total, paying 32% as a dividend and using 26% to repurchase shares. If AFW's earnings are expected to grow by 8.7% 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.)