Suppose we have complete capital markets (that is, we are in a Modigliani-Miller world without imperfections). A firm has pledged to pay a $5 per share annual dividend forever. Its cost of equity is 15% and there are 600 outstanding shares. The firm is considering issuing 250 new shares to fund an increase only in the first dividend (the dividend goes back to $5 per share afterward). What is the firm's share price one day before the first dividend is paid if the firm issues the new shares