Omicron Technologies will generate free cash flows of $45million per year, in perpetuity, and will pay out these free cash flows as regular dividends. Omicron has no debt. Omicrons unlevered cost of capital is 10% and there are 10 million shares outstanding.

4. Omicron's equity value is closest to:

A) $500 million

B) $900 million

C) $450 million

D) $400 million