According to the DDM method, also known as the Gordon Growth Model, with a constant growth rate of 5.6%, the price you are willing to pay today for a share that paid a dividend of $1.25 in the previous period is ___________ if the return required by the investor is 12%. a. $20.63 b. $19.53 c. $11.00 d. $10.93 e. cannot be determined, information is missing