You expoct that Bean Enterprises will have earnings per share of \\( \\$ 2 \\) for the coming year. Bean plans to retain all of its earnings for the next three years. For the subsequent two years, the firm plans on retaining \50 of its eamings. It will then retain only \25 of its earnings from that point forward. Retained earnings will be invested in projects with an expected return of \20 per yoar. If Bean's equity cost of capital is \12, then the price of a share of Bean's stock is closest to: A. \\( \\$ 27.63 \\) B. \\( \\$ 16.58 \\) C. \\( \\$ 11.05 \\) D. \\( \\$ 44.21 \\)