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 1.50, the risk-free rate is 2.45 percent, and the market risk premium is 6.0 percent Dividends per share Return on equity Hook value per share $ 2.30 8.500 $19.60 2019 value per share Average price multiple Porecasted growth rate Earnings Canh Tlow 05.00 $6.40 13.10 9.59 13.650 11.244 Sales $25.65 2.53 7.194 The required return is 11.45 percent. Use the clean surplus relationship to calculate the share price for Boagle Beauties with the residual income model. (Do not round Intermediate calculations. Round your answer to 2 decimal places.) Share price