Consider the following premerger information about Firm A and Firm B:

	Firm A			Firm B
Total earnings	$	2,100		$	750
Shares outstanding		900			300
Price per share	$	60		$	12

Assume that Firm A acquires Firm B via an exchange of stock at a price of $13 for each share of B's stock. Both A and B have no debt outstanding.

What will Firm A's price per share be after the merger if the market incorrectly analyzes this reported earnings growth (i.e., the price-earnings ratio does not change)? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)