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Sultan Services has 1 million shares outstanding. It expects earnings at the end of the year of $ 6 million. Sultan pays out 6 0

Sultan Services has 1 million shares outstanding. It expects earnings at the end of the year of $6 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 10%, what is Sultan's share price?
A. $43.2
B. $28.8
C. $14.4
D. $72
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