A firm has 217 mil shares outstanding. It expects earnings at the end of the year of $760 mil. The firm pays out 40% of its earnings in total - 15% paid out as dividends and 25% used to repurchase shares. If the firm's earnings are expected to grow by 6% per year, these payout rates do not change, and the firms equity cost of capital is 8%, what is the share price?

a) 10.51 b) 24.40 c) 56.60 d) 70.05 e) 85.25