AMC Corporation currently has an enterprise value (EV) of 340 million and 130 million in excess cash. The firm has 30 million shares outstanding and no debt. Suppose AMC uses its excess cash to repurchase shares. After the share repurchase, news will come out that will change AMC's enterprise value to either 540 million or 140 million. Suppose AMC waits until after the news comes out to do the share repurchase. What would AMC's share price be after the repurchase if its enterprise value goes up? What would AMC's share price be after the repurchase if its enterprise value declines?

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Part 1 The share price after the repurchase if its enterprise value goes up is $ ____ enter your response here. (Round to two decimal places.)

Part 2 The share price after the repurchase if its enterprise value declines is $ ____ enter your response here. (Round to two decimal places.)