Earnings per common share of ABC Industries for the current year are expected to be $2.15 and to grow 8.5% per year over the next 4 years. At the end of the 5 years, earnings growth rate is expected to fall to 5.75% and continue at that rate for the foreseeable future. ABCs dividend payout ratio is 45%. If the expected return on ABC's common shares is 19.5%, calculate the current share price.