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Business, 30.10.2019 22:31 7obadiah

Suppose compco systems pays no dividends but spent $ 5.18 billion on share repurchases last year. if compco's equity cost of capital is 11.5 %, and if the amount spent on repurchases is expected to grow by 7.9 % per year, estimate compco's market capitalization. if compco has 5.8 billion shares outstanding, to what stock price does this correspond? compco's market capitalization will be $ nothing billion. (round to two decimal places.) compco's stock price will be $ nothing. (round to the nearest cent.)

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