Beagle Beauties engages in the development manufacture, and sale of a line of cosmetics designed to make your dog look glamorous. Below you will find selected information necessary to compute some valuation estimates for the firm. Assume the values provided are from year-end 2019. Also assume that the firm's equity beta is 1.20, the risk-free rate is 2.65 percent, and the market risk premium is 70 percent Dividenda per share Return on equity Book value par share $ 2.26 9.504 $18.70 2019 value por share Average price multiple Torecasted growth rate Tarning Cash Flow $5.00 5 6.30 13.10 9.53 13.598 11.300 Sales $25.65 2.47 7.230 The required return is 11.05 percent. Use the clean surplus relationship to calculate the share price for Beagle Beauties with the residual income model. (Do not round intermediate calculations. Round your answer to 2 decimal places.)