Greyjoy Corporation expects to generate free cash flows of $300,000 per year for the next two years. Beyond that time, free cash flows are expected to grow at a constant rate of 5 percent per year from Year-3 to forever. If the firm's weighted average cost of capital is 15 percent, the market value of the firm's bonds (debt) is $150,000, the market value of the firm's preferred stock is $350,000, and Greyjoy Corporation has 500,000 shares of stock outstanding, what is the value of each share of Greyjoy Corporation stock?