Consider the following information which relates to a given company:

Item	2019 Value
Earnings Per Share	$6.43
Price Per Share (Common Stock)	$39.59
Book Value (Common Stock Equity)	$62.96	million
Total Common Stock Outstanding	2.84	million
Dividend Per Share	$3.52

Analysts expect that the company could maintain a constant annual growth rate in dividends per share of 5.8% in the future, or possibly 7.79% for the next 2 years and 5.29% thereafter. In addition, it is expected that the risk of the firm, as measured by the risk premium on its stock, to increase immediately from 8.38% to 10.52%. Currently, the risk-free rate is 5.85%.

Required: Determine the firm's current book value per share.

$Answer per share (ROUND YOUR ANSWER TO 2 DECIMAL PLACES. FOR EXAMPLE: 17.23)