Sirius Cybernetics faces tough competition from Cyberdyne systems. Sirius has decided to suspend payouts and instead invest the cash in R&D. Sirius makes its payouts annually at the end of each year. Today is the first day of a new year. Sirius has announced no payouts at the end of this year or next year. Payouts will resume three years from yesterday and analysts expect it will pay dividends of $1.445 billion (in aggregate) and repurchase $4.055 billion worth of shares. In the years following, analysts expect payouts to grow in perpetuity at 5% per annum. Stockholders require a return of 9% and there are 1.23 billion shares outstanding. What is the fair price for Sirius's shares today? $93.25 O $95.10 O $94.09 $90.52