AFW industries has 210 milicn shares outstanding and expects earnings at the end of this year of $750 mition. AFW plans to pay out 65% of its eamings in fotal, payng 35% as a dividend and using 30% to repurchase shares. If AFWs earnings are expected to grow by 8.9% per year and these payout retes remain constant, desermine AFWs share price ascuming an equily cost of capital of 11.8% The price per shate will be ? (Round to the neasest cent)