Company A is thinking of acquiring Company B, a similar firm that boasts an industry leading sales force. Estimated free cash flows for Company B are expected to be $1.10 million annually for the next 5 years, and $875000 annually every year thereafter. The appropriate discount rate is 8%. If Company B currently has $4300000 debt outstanding and 1,000,000 shares outstanding, what should their price per share be? Round your answer to 2 decimal places