Suppose Compco Systems pays no dividends but spent $$4\mathrm{.}84$ billion on share repurchases last year. If Compco's equity cost of capital is $11\mathrm{.}2\%,$ and if the amount spent on repurchases is

expected to grow by $8\mathrm{.}3\%$ per year, estimate Compco's market capitalization. If Compco has $5\mathrm{.}8$ billion shares outstanding, to what stock price does this correspond?

Compco's market capitalization will be $

billion. $($Round to two decimal places.$)$