Scampini Technologies is expected to generate $50 million in free cash flow next year, and FCF is expected to grow at a constant rate of 4% per year indefinitely, Scampini has no debt or preferred stock, and its WACC is 11%, and it has zero nonoperating assets. If Scampini has 40 million shares of stock outstanding, what is the stock's value per share? Do not round intermediate calcufations. Round your answer to the nearest cent. Each share of eommon stock is worth $ , according to the corporate valuation model