Sunnyfax Publishing pays out all its earnings and has a share price of $39.00. In order to expand, Sunnyfax Publishing decides to cut its dividend from $3.00 to $2.00 per share and reinvest the retained funds. Once the funds are reinvested, they are expected to grow at a rate of 12%. If the reinvestment does not affect Sunnyfax's equity cost of capital, what is the expected share price as a consequence of this decision? ces O A $53.50 OB. $37.51 OC. $64.31 OD. $42.87