You have been given the following projections for Cali Corporation for the coming year. Sales = 10,000 units Sales price per unit = $12 Variable cost per unit = $6 Fixed costs = $10,000 Long-term debt = $15,000 Interest rate on long-term debt = 8% Tax rate = 40% Dividend payout ratio = 60% Expected long-term growth rate = 6% Shares of common stock outstanding = 10,000 shares Beta = 1.4 Current rate on government T-Bonds = 2% Expected return on the stock market = 7% Calculate the current price per share for Cali Corporation