Consider the following information which relates to a given company: Item 2019 Value $6.49 $37.9 Earnings Per Share Price Per Share (Common Stock) Book Value (Common Stock Equity) Total Common Stock Outstanding Dividend Per Share $63.66 Million 2.3 Million $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: Assuming no growth in future dividends, and a required return of 16.81%, find the value per share of the firm's stock