Al Corporation plans to finance a new investment with leverage. It plans to borrow $56 million to finance the new investment. The firm will pay interest only on this loan each year, and it will maintain an outstanding balance of $56 million on the loan. After making the investment, the firm expects to earn annual free cash flows of $12 million. However, due to reduced sales and other financial distress costs, the firm's expected annual free cash flows will decline to $11 million. The firm currently has 5.7 million shares outstanding, and it has no other assets or opportunities. Assume that the unlevered discount rate for the firm's future free cash flows is 8.9% and the firm's corporate tax rate is 30%. What is the firm's share price today?