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Alphabot (GOOGL) has yot to pay a dividend, but in spring 2018 it announced it would repurchase $8.5 bilion worth of sheres ever the year.

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Alphabot (GOOGL) has yot to pay a dividend, but in spring 2018 it announced it would repurchase $8.5 bilion worth of sheres ever the year. (Act aly, the eract amourt was $8,589,869,056 - known as a "perfoct" number because it is equal to the sum of its divisors), If the amount spent on shave repurchases were expectod to grow by 6.94 per yoar, and Aphabete equily cost of capital is 8.5\%, estimate Alphaber's market capitalization. If Alphabet has 689 milion shares outstanding, what stock price does tis conespond to? The share price is \$ (Round to the nearest cent)

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