You have been given the following projections for the coming year.

• Sales = 10,000 units.

• Sales price per unit = $10.

• Variable cost per unit = $5.

• Fixed costs = $10,000.

• Bonds outstanding = $15,000.

• rd on outstanding bonds = 8%.

• Tax rate = 40%.

• Shares of common stock outstanding = 10,000 shares.

• Beta = 1.4.

• rRF = 5%.

• RPM = 4%.

• Dividend payout ratio = 60%.

• Growth rate = 8%.

Calculate the current price per share.

I'm totally stumped. Thank you for any help!