Contantia, Inc., just paid a dividend of $13.8 per share on its stock. The dividends are expected to grow at a constant rate of 8.8 percent per year, indefinitely. If investors require a return of 21.32 percent on this stock, what is price in 6 years?

Select one:

a.$197.55

b.$182.75

c.$221.33

d.$198.92