Tolo Co. Plans the following repurchases: $10.4 million in one year, nothing in two year, and $20.1 million in three years. After that, it will stop repurchasing and will issue dividends totaling $24.3 million in four years. The total paid in dividends is expected to increase by 3.2% per year thereafter. If Tolo has 2 million shares outstanding and an equity cost of capital of 11.2%, what is its price per share today?

The stock price will be $_____________

PLEASE CLEARLY STATE ANSWER