Zeta Industries has net income of $1,000,000, and it has 500,000 shares of common stock outstanding. The company's stock currently trades at $30 per share. Zeta is considering a plan in which it will use available cash to repurchase 20% of its shares in the open market at the current $30 stock price. The repurchase is expected to have no effect on net income or the company's P/E ratio. What will be its stock price following the stock repurchase? o $42.5 O $35 o $30 O$37.5