Suppose Compco Systems pays no dividends but spent $ 4.99 billion on share repurchases last year. If Compco's equity cost of capital is 11.2 %, and if the amount spent on repurchases is expected to grow by 8.5 % per year, estimate Compco's market capitalisation. If Compco has 5.3 billion shares outstanding, to what share price does this correspond?

Compco's market capitalisation will be $ nothing billion. (Round to two decimal places.)

Compco's share price will be $ nothing. (Round to the nearest cent.)