Excel solutions preferred: You have looked at the current financial statements for J&R Homes, Company. The company has an EBIT of $$3,350,000$ this year. Depreciation, the increase in net working capital, and capital spending were $$250,000,$$$118,000,$ and $$500,000,$ respectively. You expect that over the next five years, EBIT will grow at $16$ percent per year, depreciation and capital spending will grow at $15$ per year, and NWC will grow at $20$ per year. The company has $$20,000,000$ in debt and $405,000$ shares outstanding. After Year $5,$ the adjusted cash flow from assets is expected to grow at $3\mathrm{.}05$ percent, indefinitely. The company's WACC is $9\mathrm{.}1$ percent and the tax

rate is $21$ percent. What is the price per share of the company's stock?

Share price $?$