Bluth's Original Frozen Banana Inc. operates a chain of frozen banana stands in California, and is set to expand across the country. Bluth's is famous for its chocolate dipped frozen banana treats. The company has just reported EPS of $1.77 and expects to maintain a 42% payout ratio. Shareholders require a return of 12% and dividends are forecast to grow at 10%. What is the P/E Constant for Bluth's?

A. 17.70

B. 21.00

C.14.75

D.42.00

Please show steps