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A company had a current share price of $55.00, and the firm had 1,000,000 shares of stock outstanding. The company is considering an investment project

A company had a current share price of $55.00, 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 $2,000,000, $2,500,000, $3,000,000, and $4,000,000 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%

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