Question: This year, analysts expect Stark Industries to make payouts worth $ 4.45 billion. Assume that all payouts occur annually at the end of the year

This year, analysts expect Stark Industries to make payouts worth $ 4.45 billion. Assume that all payouts occur annually at the end of the year and that we are at the beginning of the year. Analysts forecast that Stark's payouts will grow at 4.1 % in perpetuity. Stark stockholders require a return of 10.6 %. Stark has 1.8

billion shares outstanding. The price per share is ? round to nearest cent.

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