Suppose the risk-free rate is 1.31% and an analyst assumes a market risk premium of 5.50%. Firm A just paid a dividend of $1.32 per share. The analyst estimates the of Firm A to be 1.30 and estimates the dividend growth rate to be 4.56% forever. Firm A has 288.00 million shares outstanding. Firm B just paid a dividend of $1.57 per share. The analyst estimates the of Firm B to be 0.81 and believes that dividends will grow at 2.05% forever. Firm B has 182.00 million shares outstanding. What is the value of Firm A?

Round to 2 decimal places.