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. $182.75

b. $221.33

c. $197.55

d. $198.92