You are considering an investment in Roxie's Bed & Breakfast Corp. During the last year, the firm's income statement listed an addition to retained earnings of $10.80 million and common stock dividends of $3.20 million. Roxie's year-end balance sheet shows common stockholders' equity of $46.0 million with 20 million shares of common stock outstanding. The common stock's market price per share was $8.90. What is Roxie's Bed & Breakfast's book value per share?