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Aaron Inc. has 325 million shares outstanding. It expects earnings at the end of the year to be $573 million. The firm's equity cost of

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Aaron Inc. has 325 million shares outstanding. It expects earnings at the end of the year to be $573 million. The firm's equity cost of capital is 12%. Aaron pays out 50% of its earnings in total: 30% paid out as dividends and 20% used to repurchase shares. If Aaron's earnings are expected to grow at a constant 5% per year, what is Aaron's share price? O A. $25.18 O B. $12.59 O C. $18.89 OD. $6.30

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