AFW industries has 210 million shares outstanding and expects earnings at the of this year of $741 million. AFW plans to pay out 57% of its earnings in total, paying 37% as a dividend and using 20% to repurchase shares. If AFW's earnings are expected to grow by 8.6% per year and these payout rates remain constant, determine AFW's share price assuming an equity cost of captial of 11.3%. The price per share will $_____________ (round to the nearest cent.) Comment