A firm has an expected dividend next year of $1.92 per share, a zero growth rate of dividends, and a required return of 9.65 percent. What is the value of a share of the firm's common stock? A. more than $17.76 but less than $18.92

B. more than $18.92 but less than $20.08

C. more than $20.08 but less than $21.24

D. more than $21.24 but less than $22.40 E. more than $22.40