Harrison corporation is intersted in acquiring Van Buren Corporation. Assume that the risk-free rate of interest is 5%, and the market risk premium is 6%. Harrison estimates that if it acquires Van Buren, teh year end dividend will remain at $2.5 a share, but synergies will enable the dividend to grow at a constant rate of 6% a year (instead of current 5%). Harrison plans to increase the debt ratio of what would be its Van Buren subsidiary; the effect of this would be to raise Van Buren's beta to 1.15. What is the per-share value of Van-Buren to Harrison Corporation?