The Nymex stock has a beta of 1.50, the expected free cash flow per share for the coming year, FCFE1, of $4.45, and a growth rate, g, of 4%. The risk-free rate of return is 5%, and the required rate of return on the market is 11%. What should be the share price of Nymex? (Do not round intermediate calculations. Round your answer to 2 decimal places.)