Ward Corp. is expected to have an EBIT of $1.9 million next year. Depreciation, the increase in net working capital, and capital spending are expected to be $165,000, $85,000, and $115,000, respectively. All are expected to grow at 18 percent per year for four years. The company currently has $13,000,000 in debt and 800,000 shares outstanding. At Year 5,th adjusted cash flow from assets is expected to grow at 3% indefinitely. The company’s WACC is 8.5 percent and the tax rate is 50 percent. What is the price per share of the company's stock?