River Enterprises has $503 million in debt and 18 million shares of equity outstanding. Its excess cash reserves are $14 million. They are expected to generate $194 million in free cash flows next year with a growth rate of 2% per year in perpetuity. River Enterprises' cost of equity Capital is 11%. After analyzing the company, you believe that growth rate should be 3% instead of 2%. How much higher (in dollars) would the price per share be if you are right?

If the growth rate is 2%, the price share is $___. (Round to the nearest cent)