A company had a current share price of $54.50, and the firm had 1,000,000 shares of stock outstanding. The company is considering an investment project that requires an immediate $8,500,000 investment but will produce cash flows of $2,100,000, $2,500,000, $3,200,000, and $3,900,000 in years 1 to 4, respectively. If the company invests in the project, what would the new share price be? The company's cost of capital is 8%. (Hint: consider how the project NPV affects the stock price)

a. $54.68

b. $54.96

c. $55.22

d. $55.49

$55.73