Kelley Industries Has 100 Million Shares of Common Stock Outstanding

Kelley Industries has 100 million shares of common stock outstanding with a current market price of $50.The firm is contemplating undertaking an investment project which requires an initial cash outflow of $100 million.The IRR of the project is equal to the firm's cost of capital.What will be the firm's stock price if capital markets fully reflect the value of undertaking the project?

A) $50
B) $49
C) $51
D) Cannot tell from the given information