AFW Industries has 211 million shares outstanding and expects earnings at the end of this year of 5660 million AFW plans to pay out 60% of its earnings in total, paying 30% as a dividend and using 30% to repurchase shares. If AFW's earnings are expected to grow by 7.8% per year and these payout rates remain constant, determine AFWs share price assuming an equity cost of capital of 12 2% The price per share will be $1. (Round to the nearest cont.)