Consider the following information which relates to a given company:

Item	2019 Value
Earnings Per Share	$6.49
Price Per Share (Common Stock)	$37.9
Book Value (Common Stock Equity)	$63.66	Million
Total Common Stock Outstanding	2.3	Million
Dividend Per Share	$4.04

Analysts expect that the company could maintain a constant annual growth rate in dividends per share of 6.9% in the future, or possibly 8.28% for the next 2 years and 6.26% 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 8.19% to 12.41%. Currently, the risk-free rate is 5.82%.

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

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