Suppose the risk-free rate is 3.25% and an analyst assumes a market risk premium of 6.30%. Firm A just paid a dividend of $1.10 per share. The analyst estimates the of Firm A to be 1.33 and estimates the dividend growth rate to be 4.60% forever. Firm A has 274.00 million shares outstanding. Firm B just paid a dividend of $1.86 per share. The analyst estimates the of Firm B to be 0.72 and believes that dividends will grow at 2.58% forever. Firm B has 182.00 million shares outstanding. What is the value of Firm A?

Currency: Round to: 2 decimal places.