Company XYZ has a market value of equity of $1 million. Currently, the firm has excess cash of $200,000, total assets of $500,000, net income of $30,000, and 8,000 shares of stock outstanding. The company will use all its excess cash to repurchase shares of stock at the current share price. Assuming the market value of the company stays the same after the repurchase, what will the stock price per share be after the stock repurchase is completed?

125

205

100

156