In one year, a firm has a value of $51 million, free cash flows of $5.1 million, 2 million common shares outstanding and a discount rate of 10%. At the end of the year, the firm uses the $5.1 million in free cash flow to buy back 181818 shares at $28.05 each. What is the market price of a common share in the next period?

$35.50

$28.05

$25.50

$15.50