Sultan Services has 1 million shares outstanding. It expects earnings at the end of the year of $5.50 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 9%, what is Sultan's share price? O A. $33.00 OB. $82.50 O C. $49.50 D. $16.50