Sultan Services has 1.4 million shares outstanding. It expects earnings at the end of the year of $5.10 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 7% per year, these payout rates do not change, and Sultan's equity cost of capital is 9%, what is Sultan's share price?

A. $21.86

B. $43.72

C. $109.29

D. $65.57