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AMC Corporation currently has an enterprise value of $ 3 1 0 million and $ 1 0 0 million in excess cash. The firm has

AMC Corporation currently has an enterprise value of $ 310 million and $ 100 million in excess cash. The firm has 25 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 $ 510 million or $ 110 million.
What is AMC's share price prior to the share repurchase?
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Part 1
AMC's share price prior to the share repurchase is $
(Round to the nearest cent.)

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