You have the following information on XYZ Inc. Its EBIT in 2021 was $1,112 million. Its effective tax rate is 35%, the market value of debt is $4,784 million, its long-term growth rate is 5.2%, and its WACC is 6.85%. XYZ Inc. is paying out 70% of its earnings as dividends to shareholders. There are 1,100 million outstanding shares. What is the fair value of XYZ Inc. share as of 2021? a) $24.98 b) Not enough information to determine c) $27.88 d) $23.53