You are trying to value the common stock shares BeGood Company using a market multiples approach. Begone just reported annual earnings of $1.74 per share. BeGood is a privately held corporation and has three main publicly traded competitors. Below, the most recent price/earnings multiples are presented for each competitor: Competitor P/E Multiple BeSafe Y-Not 13.25 R-U-Sure 11.20 14.88 Based on this information, determine the share price of BeGood. Use the market multiple approach and compute to the second decimal place