AFW Industries has 223 million shares outstanding and expects earnings at the end of this year of $655 million. AFW plans to pay out 61% of its earnings in total, paying 34% as a dividend and using 27% to repurchase shares. If AFWs 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 11.7%. The price per share will be \$ (Round to the nearest cent.)