A firm has just paid an annual dividend of $3 per share of common stock. Since the firm is matured, it earnings and dividend is not expected to grow. In fact, the firms dividend rate is expected to be zero in the future. If you require an annual rate of return of 17 percent, then how much should you be willing to pay for a share of this stock? a. $18.75 b. $17.65 c. $2.56 d. $3.00 e. $30.00