The Next Dividend Payment (One Year from Now)by Bacon Signs

Multiple Choice

The next dividend payment (one year from now) by Bacon Signs Inc.,will be $2.50 per share.The dividends are anticipated to maintain a 2% growth rate,forever.If the required rate of return for Bacon Signs Inc.is 11%,what is the current price per share:

A) $27.78.
B) $28.33.
C) $19.23.
D) $19.62.