eBook Assume that today is December 31, 2021, and that the following information applies to Abner Airlines: After-tax operating income [EBIT(1-T)] for 2022 is expected to be $550 million. The depreciation expense for 2022 is expected to be $180 million. . The capital expenditures for 2022 are expected to be $350 million. . . . per year. The required return on equity is 15%. The WACC is 11%. The firm has $199 million of nonoperating assets. The market value of the company's debt is $3.678 billion. 50 million shares of stock are outstanding. . . . . . No change is expected in net operating working capital. The free cash flow is expected to grow at a constant rate of 6% Using the corporate valuation model approach, what should be the company's stock price today? Do not round intermediate calculations. Round your answer to the nearest cent. LA