Scampini Technologies is expected to generate $$25$ 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 $14\%.$ If Scampini has $35$ million shares of stock outstanding, what is the stock's value per share? Round your answer to two decimal places.

Each share of common stock is worth $

$,$ according to the corporate valuation model.