River Enterprises has $505 million in debt and 19 million shares of equity outstanding. Its excess cash reserves are $13 million. They are expected to generate $195 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 the 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 per share is?