Yellowstone is an oil company. It is planning to enter the stock market soon. The financial advisor of the company recommended that the companys stocks could be valuated using the P/B multiples (Price = market price of stocks; Book value of stocks). Right now, the company has the following book values: 400 million in equity, 200 million in debt and 10 million in excess cash. Besides that, the company has 30 million shares outstanding and its WACC is 16.5% and your analysis suggest that the net debt market value will be 285 million. You are presented with the following table to value Yellowstones stock:

Industry	Oil exploration	Oil production	Sugar cane	Gold
Average	$14,20	$22,45	$16,32	$7,68
P/B ratio	1,2	1,8	1,5	3,2

What should be the Yellowstone stock price?

A. 18,33

B. 19,67

C. 20,00

D. 37,86