The forecast for Discomfort$$s free cash flows for next year is provided in the table. Assume that free cash flow is paid at the end of each year and we are at the beginning of a year. Last year$$s values are for the year end yesterday. Analysts expect Discomfort$$s cash flow to remain constant at next year$$s level in perpetuity. The WACC for Discomfort is $8\%.$ What is the fair price for Discomfort$$s shares today?

Selected Financial Information

Discomfort Inc.

$($$$000$s$)$

Last Year

Next Year

Sales

$743,203$

$934,978$

Depreciation

$13,543$

$20,401$

EBIT

$90,453$

$119,787$

Tax Rate, T

$34\mathrm{.}8\%$

$34\mathrm{.}8\%$

Net Working Capital

$-64200$

$-61662$

Net Property and Equipment

$43,850$

$79,356$

Long$-$Term Debt

$14,216$

$15,263$

Shares Outstanding

$20,000$

$20,000$

Round your answer to the nearest cent.