Sturgis Co. is expected to generate the following cash flows, after which the cash flows are expected to grow by 4% per year. If the WACC is 8% and Sturigs has debts of $75 million, cash of $120 million, and 20 million shares outstanding, what is Sturgiss expected current share price? Round to the nearest cent.

Year 1 2 3 4 FCF

12 million - 15 million 21 million