You want to value a stock, but it does not pay any dividends. The last period's FCFE was $5.77 and it has an estimated annual free cash flow growth rate of 6.53%. The required return for this stock is 11.98% and its long-term growth rate is 2.46%. It also has an ROE of 18.5%. What is the estimated intrinsic value using the constant state FCFE method? State your answer as a percentage with two decimal places and use the adjusted method as shown in the textbook