Due to economic challenges XYZ corp has suspended its dividend for the next 4 years. The following yea, i.e. 5 years from today, the firm plans to resume dividend payment with a dividend of $1.75 and intends to grow this dividend to a constant rate of 2.0% per year thereafter. If investors require a rate of return of 10.5% for investing in this firm, what would investors be willing to pay for the stock today?

A. $13.81

B. $12.50

C. $20.59

D. $21.56