Shad Khatib Suppose Compco Systems pays no dividends but spent $3.6 billion on share repurchases last year. If Compco equity cost of capital is 9%, the amount spent on repurchases is expected to grow by 7.6% per year, and Compco has billion shares outstanding, to what stock price does this correspond? -Compco Syste715 , 36 . Corripco 9%, -785 Cornpco 43 , $61.03 $ 55.29 $ 75.92 $69.99