Suppose Compco Systems pays no dividends but spent $5.00 billion on share repurchases last year. If Compco's equity cost of capital is 12.0%, and if the amount spent on repurchases is expected to grow by 8.0% per year, estimate Compco's market capitalization. If Compco has 6.0 billion shares outstanding, to what stock price does this correspond? Compco's market capitalization will be $billion. (Round to two decimal places.)