In its 10Q dated February 4, 2016, LLL, Inc, had outstanding employee stock options representing over 288 million shares of its stock. LUL accountants estimated the value of these options using the Black-Scholes-Merton formula and the following assumptions: S=currentstockprice=$24.77K=optionstrikeprice=$27.20r=risk-freeinterestrate=055=stockvolatility=32T=timetoexpiration=3.5years What was the estimated value of these employee stock options per share of stock? (Note: LLL pays no dividends) (Do not round intermediote calculations. Round your answer to 2 decimal places.)