urgent!!

Valence Electronics has 230 million shares outstanding. It expects earnings at the end of the year of $720 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 10%, what is Valence's share price? A. $9.39 B. $31.30 C. $4.70 D. $25.04