You are given the following information: Stockholders' equity as reported on the firms balance sheet = $2.75 billion, price/earnings ratio = 11.5, common shares outstanding = 190 million, and market/book ratio = 2.7. The firm's market value of total debt is $7 billion, the firm has cash and equivalents totaling $320 million, and the firm's EBITDA equals $2 billion. What is the price of a share of the company's common stock? Do not round intermediate calculations. Round your answer to the nearest cent.