Shatin Intl. has 9.69.6 million shares, an equity cost of capital of 12.5 %12.5% and is expected to pay a total dividend of $ 19.2$19.2 million each year forever. It announces that it will increase its payout to shareholders. Instead of increasing its dividend, it will keep it constant and will start repurchasing $ 10.1$10.1 million of stock each year as well. What is your estimate of Shatin's stock price after this announcement?