AFW Industries has 217 million shares outstanding and expects eamings at the end of this year of $669 million. AFW plans to pay out 65% of its earnings in total, paying 35% 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 11.4%. The price per share will bes (Round to the nearest cent.)