LockeranCo. has the following projected sales, costs, net investment and free cash flow in millions. The anticipated growth rate in free cash flows after year 6 is 3% per year forever.There are 31 million shares outstanding and investors require a return of 7% on the company's stock.Suppose instead that you estimate the terminal value using a PE multiple of 15, calculate the price of the company's stock.(Round to 2 decimals)