Rexton Oil is an all-equity firm with 200 million of shares outstanding. Rexton currently has a cash flow of $270 Million of usds and expects future free cash flows of $60 millions per year. Management plans to use the cash to expand the firm's operations which will in turn increase future cash free cash flows to $90 million per year. If the cost of capital of Rexton's investments is 9%. (b). calculate the stock price if the company decides to use the cash for share repurchase rather than the expansion.