Suppose Compco Systems pays no dividends but spent $4.85 bilion on share repurchases last year. If Compco's equity cost of capital is 11.7%, and it the amount spent on repurchases is expected to grow by 8.7% per year, estimate Compco's market capitalization. If Compco has 5.4 bllilion shares outstanding, to what stock price does this correspond? Compco's market capitalization will be \& billion. (Round to two decimal places.)