Diets for you announced today that it will begin paying annual dividends next year. The first dividend will be $0.12 a share. The following dividends will be $0.15, $0.20, $0.50 and $0.60 a share annually for the next 4 years. After that, dividends are projected to increase by 4% per yr. How much are you willing to pay to buy one share of this stock today if your desired rate of return is 8.5%? A. $9.67 B. $9.94 C. $10.38 D. $10.50 E. $10.86