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A company had a current share price of $65.50, and the firm had 1,400,000 shares of stock outstanding. The company is considering an investment project

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A company had a current share price of $65.50, and the firm had 1,400,000 shares of stock outstanding. The company is considering an investment project that requires an immediate $7,200,000 investment but will produce cash flows of $2,000,000,$2,600,000,$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 9.8%. (Hint: consider how the project NPV affects the stock price) $66.54 $66.60 $66.66 $66.72 $66.78

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