(couldnt fit full image so i will type the question)

AFW Industries has 201 million shares outstanding and expects earnings at the end of this year of $701 million. AFW plans to pay out 56% of its earnings in total, paying 39% as a dividend and using 17% to repurchase shares. If AFW's earnings are expected to grow by 7.6% per year and these payout rates remain constant, determine AFW's share price assuming an equity cost of capital of 12.9%.

The price per share will be $

(Round to the nearest cent.)

AFW Industries has 201 million shares outstanding and expects eamings at the end of this year of 5701 million. AFW plans to pay out 56% of its earnings in total, paying 39% as a dividend and year and these payout rates remain constant, determine AFWs share perce assuming an equity cost of capital of 12.9%. The price per share will be s (Round to the nearest cent.)