Azumah Corporation plans to finance a new investment with leverage. Azumah Corporation plans to borrow $$45\mathrm{.}5$ 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 $$45\mathrm{.}5$ million on the loan. After making the investment, Azumah expects to earn free cash flows of $$9\mathrm{.}9$ million each year. However, due to reduced sales and other

financial distress costs, Azumah's expected free cash flows will decline to $$8\mathrm{.}9$ million per year. Azumah currently has $4\mathrm{.}9$ million shares outstanding, and it has no other assets or opportunities. Assume that the

appropriate discount rate for Azumah's future free cash flows is $7\mathrm{.}6\%$ and Azumah's corporate tax rate is $30\%.$ What is Azumah's share price today given the financial distress costs of leverage?

The price per share is $

per share. $($Round to the nearest cent.$)$