Genoa ltd is about to start a new project that will have a Net Present Value of $100 million. The stock currently trades at $105 and there are 2,000,000 shares outstanding. In order to start the project the company needs to raise $400,000,000 in new equity, by issuing 3,000,000 new shares that will be oered to the public. What will be the stock price after the announcement that the company will immediately undertake such project and issue new equity? (assume perfect markets and no issuance costs)