AFW industries has 212 milion shares outstanding and expects earnings at the end of this yoar of $714 milion. AFW plans lo pay out SGX of its earnings in totat, paying 36% at a dividend and using 20% to repurchase shares. If AFWs earnings are expected to grow by 7.9 she per year and these poyout rates rernain constant determine AFWrs share prico assuming an equity cost of captal of 11.1% The price per share wien be (fiound to the nearest cent)