Digital Technologies has decided to buy back 10% of its 1 million shares currently outstanding on the open market. Using cash on hand, Digital will pay the current market price of $180 per share. Assume that Digital's net income is $4.5 million and the stock repurchase will have no effect on Digital's net income of its P/E ratio. What will be Digital's stock price after the repurchase?

Answer Options:

a. $240

b. $280

c. $180

d.$200