AMC Corporation currently has an ontarpriso value (EV) of $320 million and $110 million in excess cash. The firm has 15 milion shares outstanding and no debt. Suppose AMC uses its excess cash to repurchase shares. Ater the share repurchase, news will come out that will change AMC's enterprise value to either $520 miltion or $120 milion. What is AMC's share price prior to the share repurchase? AMC's share pice prior to the share repurchase is Round to the nearest cent.)