Sims Manufacturing is expected to generate $195 million in free cash flow next year, and FCF is expected to grow at a constant rate of 6% per year indefinitely. Sims has no debt or preferred stock,...

Sims Manufacturing is expected to generate $195 million in free cash flow next year, and FCF is expected to grow at a constant rate of 6% per year indefinitely.  Sims has no debt or preferred stock, and its required rate of return is 12%.

If Sims has 45 million shares of common stock outstanding, what is the stock's value per share?

(Answer to the nearest cent. i.e. one thousand dollars would be entered 1000.00).