A company has $ 100 million in free cashflows to the firm, growing 3% a year in perpetuity and a cost of capital of 8%. It has 100 million shares outstanding and $ 1 billion in debt. The company decides to give 12 million options at the money (with a strike price of $10) to its CEO. What is an estimate of value per share considering this dilution. A. $ 10 B. $ 9.09 C. $ 8.92 D. $ 8.09