Valence Electronics has 209 milion shares outstanding. It expects earnings at the end of the year of $740 milion, 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? nics lion o re E. AN O A $28.33 B. $35.41 c. $10.62 OD. $5.31 nics llon. o rep