The Churgin Corp. had sales of $310 million this year, costs were $185 million and net investment was $55 million. Each of these values is project to grow at 10% per year for the next 5 years, afterwards these values will grow at 4% indefinitely. There are 10.25 million shares outstanding and investors require a 9% rate of return on their investment. The corporate tax rate is 25%. The benchmark P/E equals 9. Use the P/E Multiple to estimate the terminal value, calculate the current price per share of stock. (Round to 2 decimals)