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Suppose Compco Systems pays no dividends but spent $ 5 . 1 3 billion on share repurchases last year. If Compco's equity cost of capital

Suppose Compco Systems pays no dividends but spent $5.13 billion on share repurchases last year. If Compco's equity cost of capital is 11.5%, and if the amount spent on repurchases is expected to grow by 7.6% per year, estimate Compco's market capitalization. If Compco has 6.8 billion shares outstanding, to what stock price does this correspond?
Compco's market capitalization will be $141.54 billion. (Round to two decimal places.)
Compco's stock price will be $.(Round to the nearest cent.)
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