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Aaron Inc. has 344 million shares outstanding. It expects earnings at the end of the year to be $639 million. The firm's equity cost of

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Aaron Inc. has 344 million shares outstanding. It expects earnings at the end of the year to be $639 million. The firm's equity cost of capital is 12%. Aaron pays out 50% of its camings in total: 30% paid out as dividends and 20% used to repurchase shares. If Aaron's earnings are expected to grow at a constant 7% per year, what is Aaron's share price? O A $27.87 OB. $37.16 O c. $18.58 OD. $9.29

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