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Alphabet ( GOOGL ) has yet to pay a dividend, but in spring 2 0 1 8 it announced it would repurchase $ 8 .
Alphabet GOOGL has yet to pay a dividend, but in spring it announced it would repurchase $ billion worth of shares over the year. Actually the exact amount was $ known as a "perfect" number because it is equal to the sum of its divisors If the amount spent on share repurchases were expected to grow by per year, and Alphabet's equity cost of capital is estimate Alphabet's market capitalization. If Alphabet has million shares outstanding, what stock price does this correspond to
The share price is $
Round to the nearest cent.
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