A firm has a market value equal to its book value. Currently, the firm has excess cash of $8,400 and other assets of $24,600. Equity is worth $33,000. The firm has 600 shares of stock outstanding and net income of $3,600. What will the stock price per share be if the firm pays out its excess cash as a cash dividend?

A. $66

B. $47

C. $53

D. $60

E. $41