In the real world, many stock analysts use the P/E multiple approach to assess the valuation of a stock because it is relatively quick to calculate. Let's say you are a stock analyst and you are interested in finding out the valuation of Delta Air Line's stock. The industry average P/E for the airline industry is 8.14. And suppose the expected earnings per share estimate for Delta Air Aline is $7.3. Based on the above information, what is the intrinsic price of Delta?

A. $59.42

B. $73

C. $8.14

D. $80