Give me a way to solve this using formulas in steps. Thank you!

8. AMS Company has unexpectedly generated a one-time extra $5 million in cash-flow this year. After announcing the extra cash flow, AMS stock price was $55 per share (it has 1 million shares outstanding). The managers are considering spending the $5 million on a project that would generate a single cash flow of $5.5 million in one year, which they would then use to repurchase shares. Assume the cost of capital for the project is 12%. If they decide on the investment, what will be the price per share? a. 54.91 b. 52.45 c. 48.63 d. 56.75 e. 51.23