Winston's has 12,500 shares outstanding with a market value of $288,625. The company is considering a project with a net present value of $5,300 that would require the purchase of $69,000 of fixed assets. The project would be financed through the sale of equity shares. The price-earnings ratio of the project equals that of the existing firm. What will the new market value per share be after the project is implemented? Multiple Choice $23.51 $22.72 $23.80 $23.43 $24.10