Sultan Services has $1\mathrm{.}4$ million shares outstanding. It expects earnings at the end of the year of $$5\mathrm{.}20$ million. Sultan pays out $60\%$ of its earnings in total $-40\%$ paid out as dividends and $20\%$ used to repurchase shares. If Sultan's earnings are expected to grow by $5\%$ per year, these payout rates do not change, and Sultan's equity cost of capital is $11\%,$ what is Sultan's share price?

A$.$ $$14\mathrm{.}86$

B$.$ $$22\mathrm{.}28$

C$.$ $$37\mathrm{.}14$

D$.$ $$7\mathrm{.}43$