Assume that today is December 31,2018 and that the following information applies to Vermeil Airlines: After-tax operating income [EBIT(1 T)] for 2019 is expected to be $460 million. The depreciation expense is expected to be $114 million. The capital expenditures are expected to be $239 million. No change is expected in net operating working capital. The free cash flow is expected to grow at a constant rate of 4.3% per year. The required return on equity is 13.2%. The WACC is 8.3%. The market value of the companys debt is $2.7 billion. 220 million shares of stock are outstanding. Using the corporate valuation model approach, what should be the companys stock price today? Round to four decimal places