You have been given the following projections for Dennis George Corporation for coming year, Sales = 15,000 units Sales prices per units = $11 Variable cost per unit = $5 Fixed Costs = $10,000 Bonds outstanding = $10,000 Interest Rate on outstanding bonds = 8% Tax rate 50% Share of common stock outstanding = 20,000 shares Beta = 1.4 Risk Free Rate = 5% Market Return = 9% Dividend payout ratio = 100% Growth rate = 8% Calculate the current price per share for Dennis George Corporation