Beishan Technologies' end-of-year free cash flow (FCF_1) is expected to be $70 million, and free cash flow is expected to grow at a constant rate of 5% a year in the future. The firm's WACC is 10%, and it has $600 million of long-term debt and preferred stock. If the firm has 28 million shares of common stock outstanding, what is the estimated intrinsic value per share of their common stock?
Rounded to 2 decimal places, with no special characters.