A rapidly growing pharmaceutical laboratory has warned its shareholders that it will only increase its dividends at an annual rate of 5%, to use most of its profits to expand its markets and develop new products. Given the recent increase in interest rates, which have led government securities to pay 7.0% and may increase even more, you are asking for a 15% return on your capital. If the last dividend the company paid was $ 5.0, the next expected dividend and the share price are: a) Expected dividend $ 5.75 and price of $ 57.50 b) Expected dividend $ 5.25 and price of $ 52.50 c) Expected dividend $ 5.25 and price of $ 4.57 d) Expected dividend $ 5.00 and price of $ 4.76