Scampini Technologies is expected to generate $ $175$ million in free cash flow next year $,$ and FCF is expected to grow at a constant rate of $3\%$ per year indefinitely $.$ Scampini has no debt or preferred stock $,$ and its WACC is $11\%,$ and it has zero nonoperating assets $.$ If Scampini has $60$ million shares of stock outstanding $,$ what is the stock's value per share $?$ Do not round intermediate calculations $.$ Round your answer to the nearest cent Each share of common stock is worth $ according to the corporate valuation model $.$