You estimate EBIT of $40 million one year from today for Path-Edic Corp. You expect the firms EBIT to grow at a constant rate of 6% per year indefinitely. The firms weighted average cost of capital is 9%. Path-Edic has $15 million of note payable and $125 million of long-term debt. Path-Edic has 10 million shares of common stock outstanding and currently pays a $1 per share dividend. The firms marginal tax rate is 40%. At the last balance sheet date Path-Edic had $200 million of next fixed assets, and you estimate that the firms capital spending will be $10 million next year. You estimate capital spending will grow 6% per year indefinitely. You also estimate an increase in net operating working capital, NOWC, of $1 million next year, you estimate NOWC will grow 6% per year indefinitely. Estimate the per share value of Path-Edic common stock.