AFW Industries has 215 million shares outstanding and expects earnings at the end of this year of $704 million. AFW plans to pay out 56% of its earnings in total, paying 38% as a dividend and using 18% to repurchase shares. If AFW's earnings are expected to grow by 8.9% per year and these payout rates remain constant, determine AFW's share price assuming an equity cost of capital of 11.6% The price per share will be $ . (Round to the nearest cent.)