What was the average price per share the company paid to repurchase shares during fiscal year $2017?$ Round your answer to the nearest dollar. For instance, if the result was $$12\mathrm{.}34$ million record $12$ as your answer.

$$48$

Which explanation best describes the difference between the average price calculated in the previous question and the analyst estimated target price of $$67\mathrm{.}50?$

Group of answer choices

a$)$The repurchase price is very similar to the estimated target price, which is why the analyst provides a medium uncertainty outlook.

b$)$The year to date results for the company generated significant increases in stock price relative to the estimated average repurchase price during FY$2017.$

c$)$The estimated repurchase price is understated because it does not account for the effect of dividends.

d$)$The analyst is expecting very large residual income thus explaining the over $35\%$ increase in prices relative to the repurchase price.