Amiga Corporation has just paid an annual dividend of $1.1. Analysts are predicting a 11.9% per year growth rate in earnings over the next 7 years. After that, Amiga's earnings are expected to grow at the current industry average of 4.7% per year. Assume that Amiga's cost of equity capital is 9.3% per year and that its dividend payout ratio will remain constant for the foreseable future. What price does the dividend-discount model predict Amiga shares should currently sell for? The value of Amiga Corporation's shares is $ (Round your answer to the nearest cent)