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Valence Electronics has 230 million shares outstanding. It expects earnings at the end of the year of $840 million, Valence pays out 40% of its earnings in total - 15% paid out as dividends and 25% used to repurchase shares. If Valence's earnings are expected to grow by 6% per year, these payout rates do not change, and Valence's equity cost of capital is 8%, what is Valence's share price? A $10.96 B. $58.43 C. $21.91 OD. $73.04