Al owns 400 shares of M&M Enterprises and earns 13.2 percent on his investments. M&M recently stated that it will pay dividends per share of $.48 this year and $.55 next year. Al does not want any dividend income this year but does want as much dividend income as possible next year.

I know thw anwser is E how do you solve this equation?

A.	$412.00
B.	$466.38
C.	$430.50
D.	$441.80
E.	$437.34