AFW Industries has 220 million shares outstanding and expects earnings at the end of this year of $744 million. AFW plans to pay out 60% of its earnings in total, paying 32% as a dividend and using 28% to repurchase shares. If AFW's earnings are expected to grow by 8.3% per year and these payout rates remain constant, determine AFW's share price assuming an equity cost of capital of 12.2%.