Angelina's made two announcements concerning its common stock today. First, the company announced that its next annual dividend has been set at $2.26 a share. Secondly, the company announced that all future dividends will increase by 6% annually. What is the maximum amount you should pay to purchase a share of Angelina's stock if your goal is to earn a 12% rate of return? A: $ 37.01 B: $ 37.67 C: $ 38.44 D: $ 34.62 E: $ 35.00