River Enterprises has $495 million in debt and 17 million shares of equity outstanding. Its excess cash reserves are $ 16 million. They are expected to generate $207 million in free cash flows next year with a growth rate of 2% per year in perpetuity. River Enterprises' cost of equity capital is 13%. After analyzing the company, you believe that the growth rate should be 3% instead of 2%. How much higher (in dollars) would the price per share be if you are right?

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