Suppose the risk-free rate is 2.17% and an analyst assumes a market risk premium of 6.70%. Firm A just paid a dividend of $1.22 per share. The analyst estimates the of Firm A to be 1.31 and estimates the dividend growth rate to be 4.60% forever. Firm A has 278.00 million shares outstanding. Firm B just paid a dividend of $1.53 per share. The analyst estimates the of Firm B to be 0.71 and believes that dividends will grow at 2.48% forever. Firm B has 193.00 million shares outstanding. What is the value of Firm A?

Answer format: Currency: Round to: 2 decimal places.