AFW Industries has 218 million shares outstanding and expects earnings at the end of this year of $678 million. AFW plans to pay out 62% of its earnings in total, paying 30% as a dividend and using 32% to repurchase shares. If AFW's earnings are expected to grow by 8.5% per year and these payout rates remain constant, determine AFW's share price assuming an equity cost of capital of 12.2%. The price per share will be $ . (Round to the nearest cent.)