Sultan Services has 1.2 million shares outstanding. It expects earnings at the end of the year of $5.40 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. 527.00 B. $18.00 C. $9.00 D. $45.00