Quantitative Problem $2$: Hadley Inc. forecasts the year$-$end free cash flows $($in millions$)$ shown below.

Year $12345$

FCF $-$$$22\mathrm{.}91$ $$38\mathrm{.}9$ $$43\mathrm{.}1$ $$51$ $$56\mathrm{.}4$

The weighted average cost of capital is $10\%,$ and the FCFs are expected to continue growing at a $3\%$ rate after Year $5.$ The firm has $$26$ million of market$-$value debt, but it has no preferred stock or any other outstanding claims. There are $21$ million shares outstanding. What is the value of the stock price today $($Year $0)?$ Do not round intermediate calculations. Round your answer to the nearest cent.

$

$38\mathrm{.}63$

per share