Sunnyfax Publishing pays out all its earnings and has a share price of $36.00. 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 Sunnyax's equity cost of capital, what is the expected share price as a consequence of this decision? OA. OB. ( C. OD. $36.58 $54.88 $45.73 $32.01