You are trying to estimate the stock price per share of a private firm. You find the following comparable firms, along with their P/E ratios and their enterprise multiples (EM):

Comp firm 1: P/E=17, EM=9

Comp firm 2: P/E=26, EM=10

If the private firm has earnings per share (EPS) of $4, EBITDA of $11 million, debt of $5 million, no excess cash, no preferred stock and 1.5 million shares of stock, what range of stock prices is consistent with both the P/E method and the EM method of comparable?