17. Campbell Soup common stock pays dividends once a year. The company just paid a dividend of $1.10 and management expects this dividend to grow at a constant rate of 6.5 percent. If the required rate of return is 10 percent, how much would you pay for this stock?

Group of answer choices

a. $33.47

b. $36.25

c. $38.62

d. $31.43