AFW industries has 218 million shares outstanding and expects earnings at the end of this year of $654 million. AFW plans to pay out 56% of its earnings in total, paying 36% as a dividend and using 20% to repurchase shares. If AFW's earnings are expected to grow by 8.4% per year and these payout rates remain constant, determine AFW's share price assuming an equity cost of captal of 11.9%