Sultan Services has 1.1 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 of Sultan's eamings are expected to grow by 7% per year these payout rates do not change and Sultan's equity cost of capital is 10%, what is Sultan's share price? A $60.00 B $100.00 OC. $40.00 D. $20.00