Blanton Consulting Inc. just paid a $2.00 per share dividend. The firm also announced that it anticipates a

longminus

run

growth in dividends of 3% per year. Inflation is also expected to be 3% per year, and the firms required rate of return on common stock is 11%. What is the current price per share of the firm's stock?

A.

$25.00

B.

$14.29

C.

$14.71

D.

$25.75